A reply to layla, task 2.5. june 06

Wilsjay27

It wouldnt let me reply to your message for some reason, so have started a new thread.



i had the same problem as you at first with this question,

i took the 84,600 and divided by 12, times by 9 to give 63450, then split that 50-50, to give 31725 each.

but after looking at the answers noticed that was wrong,

what they have done is...

starting from the top of the 1st column- 1 may 05-21 jan 06,

you take the net profit - 91650

less the salaries 8175
11250

gives you 72225

then less the interest 1350
1575


which gives you 69300......which is the figure the answers show.


you then split that 50-50 which gives ade and john 34650 each.



the same goes for the period 1 feb - 30 april

start with the net profit 30550

less the salaries and interest 2725
3750
6600
675
750
750


gives you 15300

which you then split 40-40-20

ade-6120
jon-6120
pat-3060




all adds up to 84600


hope this helped,not very good at explaining

Layla

Thanks!
this has cleared it up completely....
i really should start totalling up all the collumns!

:thumbup: