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Cookware Company Buys 100 sets @ $70 each for Cash Buys $9000 Equipment Spends $10,000 on expenses Sells 60 sets @ $1200 each, $15,000 still
Cookware Company Buys 100 sets @ $70 each for Cash Buys $9000 Equipment Spends $10,000 on expenses Sells 60 sets @ $1200 each, $15,000 still unpaid (on account) Two Owners want to split profits EOY 50/50 First Question, how much is the total profit per owner?
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