FRA June 2006 2.5

Paula1987

I know the total net profit is 122,200..... but how do you work out the net profilt from 1 May - 31 Jan and 1 FEb - 30 April?
Paula

George Tse

from may to jan its 9 months and from feb to april is 3 months.

what i do is divide 122,200 by 12 to get a net profit per month and then times it by 9 months for may to jan and times it by 3 months for feb to april if both of these add back up to 122,200 its rite

hope this helps

Paula1987

Ah so easy.... thank you )