A state wide program witch offers assistance to registered apprenticeship programs.
From the income statement, it can be deduced that the net profit of Alpine house will be $8000.
<h3>How to calculate new profit</h3>
From the complete information, the net profit will be calculated thus:
Total sales revenue = $150000
Less: Cost of sales = $90000
Gross profit = $60000
Less: Variable selling expense = $10000
Less: Variable administrative expenses = $2000
Less: Total fixed selling expense = $20000
Less: Total fixed adminstrative expense = $20000
Net profit = $8000
In conclusion, the net profit is $8000.
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Explanation:
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The last step in the process of getting a bill passed into law is sending it to the President. It occurs after both the House and Senate approval.
The initial steps (consecutive steps) for the approval of a bill include both the House and Senate approval.
Subsequently, the approved bill in its identical form is sent to the President to be finally approved.
These sequential steps are imperative requisites for the approval of a bill.
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