May Company had a capital of $180000 at the begining of the year.In the first 5 months ,the company made a loss$40000 each month.Afterwards,it made a profit of $15000each month.Tim Company had a capital of $200000 at the begining of the year.In the first 3 months,the company made a profit of$5000 each month.Afterwards,it made a loss of $30000 each month.
2.At the end of August,which company had more capital??
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2006-10-16 7:11 am
回答 (2)
2006-10-16 7:21 am
✔ 最佳答案
May Company's capital= $180000 - $40000 X 5 + $15000 X 3
= $25000
Tim Company's capital
= $200000 + $5000 X 3 - $30000 X 5
= $65000
So, Tim Company had more capital.
2006-10-16 7:19 am
capital is the original funds to start the business. therefore, it remains unchance.
May Company s capital is $180000, and
Tim Company s capital is $200000
May Company s capital is $180000, and
Tim Company s capital is $200000
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