Answer:
$67,600
Explanation:
income from operations = gross profit - operating expenses.
In this case, the income from operations = EBIT, it is not always that way because EBIT includes non-operating income, but in this case this doesn't exist.
Sales Revenue 320,000
- Sales Discounts 9,400
<u>- Sales Returns & Allowances 43,000 </u>
Net sales = 267,600
<u>- Cost of Goods Sold 153,000 </u>
gross profit = 114,600
- Advertising Expense 20,000
- Delivery Expense 7,600
- Insurance Expense 1,000
<u>- Rent Expense 18,400 </u>
income from operations = 67,600
Answer:
a. If all 307 registered fishermen were to be employed by hotels (in addition to the 3,409 people already working in hotels), how many hotel stays could Bermuda produce?
since the opportunity cost is constant, then if all 307 fishermen decided to become hotel workers, then the total number of hotel stays would be (286 tons of fish x 2,000 stays per ton) + 538,000 stays = 1,110,000 stays
b. If all 3,409 hotel employees were to become fishermen (in addition to the 307 fishermen already working in the fishing industry), how many metric tons of fish could Bermuda produce?
total number of fish caught = (538,000 stays / 2,000 tons per stay) + 286 tons of fish = 555 tons of fish caught
c. attached graph
Global Strategy and Centralization Decisions about major financial expenditures, financial goals, legal issues, and the overall strategy of the company are typically made at the company headquarters.
Why did Meredith decide to divide her business into three segments when she first started it?
It made sense for Meredith's business to be divided into three sections when she started it:transportation, marketing, and production She believes that reorganizing the company so that each division is responsible for a distinct business area will be most effective now that the company has expanded.
What are the three elements that make up an organization's structure?
Control, culture, and structure are essential components of organizational design.The objective is to create an organizational structure that enables managers to successfully implement their chosen strategy.
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If there were no rules or information security standards governing the data that makes up an e-commerce transaction, the Internet would not be as popular as it is now.
It is well recognized that using cyber security is important for e-commerce. Because cyber assaults may result in significant loss of income, data, and company viability, cyber security is crucial for e-commerce. Be aware that an increase in online crime may cause a crash. Therefore, I would say that, in the absence of regulations or information security standards pertaining to the data that makes up an e-commerce transaction, the Internet would not be as popular as it is now.
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Nonbanks.......................................................
