Question

A company loses $780 as a result of shipping delay the 6 owners of the company must share the loss equally.

Answer 1

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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