A company loses $780 as a result of shipping delay the 6 owners of the company must share the loss equally.
1 answer:
A) Change in profit for each owner = -780/8
B) Change in profit for each owner = -$130
The total loss = $780
Number of owners = 6
The 6 owners must share the loss equally
The change in profit for each owner will be the original profit less 780/6
That is -780/6
Evaluating -780/6
Change in profit for each owner = -$130
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