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s344n2d4d5 [400]
3 years ago
10

Sports​ Medicine, Inc., offers two types of physical exams for​ students: the basic physical and the extended physical. The char

ge for the basic physical is $ 95​, while the charge for the extended physical is $ 150. Jefferson expects to perform 240 basic physicals and 165 extended physicals in July​, 250 basic and 215 extended in August​, and 80 basic and 90 extended in September. Prepare the sales budget for the service revenue expected from the physical exams performed for the second quarter ​(July through September​), with a column for each month and for the quarter in total.
Business
1 answer:
kramer3 years ago
3 0

<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

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The net income of the firm is $1,200

<h3>What is net income?</h3>

Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.

Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.

First, we know that:

Return on equity

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Fixing the given values, we'll have

20% = Net income / $6,000

Net income = $6,000 * 20%

Net income = $1,200

Therefore, net income of the firm is $1,200

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2 years ago
The information systems of several firms have been compromised by insiders that can include contract employees, cleaning staff,
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Answer:

True

<h3>What is an Information system?</h3>
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7 0
1 year ago
_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to en
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Answer: Domestication.

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7 0
3 years ago
An important goal of a responsibility accounting framework is to help ensure which of the following?
MariettaO [177]
<h2>segment and company financial goals are congruent.</h2>

Explanation:

I think the options are missed and hence given below for your reference:

a) decision-making is made by the top executives.

b) investments made by each segment are minimized.

c) identification of operating segments that should be closed.

d) segment and company financial goals are congruent.

Let us understand the meaning:

Congruent: It means two or more things coincides when superimposed.

Financial goals: The target which needs to be achieved in the current financial year.

Segments: Segment speaks about the location, product or service provided by the company.

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For the business goal to be achieved, every organization should frame financial targets or goals.

So the important goal is to achieve segment and company financial goals and they become congruent when achieved.

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8 0
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