| Quick
Answer:
After four weeks,
the theater showed a loss of $100.
|
|
Complete
Solution:
For each week, subtract the distributor’s
share and other expenses from the theater box-office receipts.
The result is the weekly profit (or loss). See the table.
After four weeks, the theater has a loss of $100.
| W
e
e
k |
Box-Office
Receipts (R) |
Percentage
(p) to Distributor |
Amount,
A = Rp to Distributor |
Other
Expenses (E) |
Profit
or (Loss) R-A-E |
| 1
|
$15,000 |
70% |
$10,500 |
$4500 |
$0 |
| 2
|
$12,000 |
70% |
$8400 |
$4500 |
-$900 |
| 3
|
$12,000 |
60% |
$7200 |
$4500 |
$300 |
| 4
|
$10,000 |
50% |
$5000 |
$4500 |
$500 |
| Total |
-$100 |
|
|
