When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold
Sales = $814,000
Cost of goods sold = $386,650
Gross profit = $814,000 - $386,650
Gross profit = $445,350
The total surplus is A. $30.
The surplus is the amount of money that is let over after all requirements have been met/paid. This can also be an excess amount of production that is over the amount of money demanded. The opportunity cost is $30, which is what Tom values his time being worth that he is not getting due to dog walking.
B. A number of joins used in report query.
C. A number of records returned by report query.
Explanation:
A report on the results of something is a survey. These are generated annually by government bodies that have to prove that the money was spent correctly and accurately, funded by public money.
Such reports should include metrics of success that assess the organization's accomplishments and its services. The statistics that, for instance, show the number of arrests, number of convictions by category of crime and the increase in crime rates for a police department.
<em>Explanation</em>:
Second Quarter Sales budget
<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>
July
Basic > 240 =95*240=23,040
Extended > 165 = 150*165=25,200
August
Forecasted Physical Exam.
Basic > 250 = 95*250=23,750
Extended > 215 =150*215=32,250
September
Forecasted Physical Exam.
Basic > 80 =90*80 =7,200
Extended > 90 =150*90 =13500
Total Gross Sales
Basic=$53,990
Extended=$70,950
Answer:
D. Order the parties to arbitrate
Explanation:
Under an arbitration agreement, the parties to such a contract mutually agree to settling future disputes outside court.
Like every contract, such a contract is legally binding and the terms cannot be revoked by one of the parties later. The parties are bound by arbitration in such cases, as is mutually agreed initially.
As per the facts of the case, such an arbitration agreement has been entered into by Jan and Kyle, wherein it was mutually agreed to settle outside court, in the event of a dispute. When the said dispute arose, Jan filed a suit against Kyle.
In such a scenario, the court will likely D. Order the parties to arbitrate.
