It's a real life math question and this seems the best place to ask.
Me and my friend started a business together on 50% partnership bases. (cost divided by both and profit shared by both).
My friend was lacking some money, so I added additional amount to cover his share.
It's a garments business and been a month sale is going on. The money gathered by sale is re-invested. Now, how much my friend owes me has gone complicated (for me). Here is how I am trying to solve it:
A: Total investment in purchase: 997,660
B: Total cost (rent, salaries etc): 390,652
C: Total sale (including profit): 377,540
D: Total profit: 64,937
E: Net sale (excluding profit): 312,603
F: Friend's investment: 440,000
G: Total Expenses: 1,388,312
From that ahead, I'm totally confused how to calculate the exact amount my friend needs to pay in order to us both get 50% investment. The figures change on daily basis as sale, purchase and expenses are going on.
Any help is appreciated.