Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
<h3>What is
file processing approach?</h3>
File Processing System (FPS) can be described as the way of storing, retrieving as well as manipulating data that could be used by different organization.
It should be noted that Files are used to store various documents, however Organizations that utilize the file processing approach spend as much as 80% of their is development budget on maintenance.
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Klippert is best described as a SOLE PROPRIETORSHIP.
A sole proprietorship business is also called a one man business. In this kind of business formation, the owner of the business is responsible for starting the business and getting it ruining. The owner draws up the business plan, get the capital and see to the day to day activities of the business.
Economists have identified four types of competition. Perfect competition, monopolistic competition, oligopoly, and monopoly.
Transforming input into output
Answer:
sale is $4000
Explanation:
given data
margin ratio = 25%
sales = $260,000
operating profit = $66,000
solution
we get here Break even sales that is express as
Break even sales = Fixed expense ÷ Contribution Margin Ratio ...........1
put here value
$260,000 = Fixed Expenses ÷ 25%
Fixed Expenses = $65000
so here we consider sale is = x
we know net income is express as
Net Income = Contribution - Fixed Expenses ................2
so Contribution = 25% x
put value in equation 2
25% x - $65000 = $66,000
solve it we get
x = 4000
so sale is $4000
