QUESTION ON PIC THANK YOU !
1 answer:
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Answer:
Option C: -$1500 is the correct answer.
Step-by-step explanation:
Given that:
Total amount invested in business = $24,000
Loss suffered in first quarter = $4500
As the amount is shared by Brian, Steve and Rita equally, therefore,
Loss of each person =
Loss of each person =
As loss is defined by decrease in the investment,
Loss of each person = -$1500
Hence,
Option C: -$1500 is the correct answer.