Question

for the second quarter of 2016, a company posted a loss of $480 million due to a decline in sales. If this trend were consistent for each month of the quarter, how much loss would be expected for each month?

Answer 1

Answer:

$160 million per month.

Step-by-step explanation:

1/4 of the year equals 3 months.

so the company loses $480m every 3 months.

480 divided by 3 equals 160.

So the company loses $160 million per month.