1.5 The financial consultant stated that their business is experiencing a loss. Verify, showing all calculations if the statement is valid. 1.6 David and Andiswa share the profit of their business in the ratio of 2:3 respectively. Calculate how much each one of them received during this period.

To determine if the business is experiencing a loss, we need to calculate the net profit or loss by subtracting the total expenditure from the total income.
From previous calculations:
Total Income (A) = R417 420 (from 1.1.2)
Total Expenditure = R284 117 (given in the income statement)

$$\text{Net Profit/Loss} = \text{Total Income} - \text{Total Expenditure}$$ $$\text{Net Profit/Loss} = 417\,420 - 284\,117$$ $$\text{Net Profit/Loss} = 133\,303$$

Since the result is a positive value, the business made a profit.

1.1.5) The statement that the business is experiencing a loss is invalid. The business made a profit of R133 303.

The total profit is R133 303.
The profit is shared between David and Andiswa in the ratio 2:3.
The total number of ratio parts is $2 + 3 = 5$.

Calculate David's share:

$$\text{David's Share} = \frac{2}{5} \times \text{Total Profit}$$ $$\text{David's Share} = \frac{2}{5} \times 133\,303$$ $$\text{David's Share} = 53\,321.20$$

Calculate Andiswa's share:

$$\text{Andiswa's Share} = \frac{3}{5} \times \text{Total Profit}$$ $$\text{Andiswa's Share} = \frac{3}{5} \times 133\,303$$ $$\text{Andiswa's Share} = 79\,981.80$$

1.1.6) David received R53 321.20 and Andiswa received R79 981.80.