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rjkz [21]
4 years ago
8

A nursing facility has a gross income of $486,000, fixed expenses of $300,000, and variable expenses of $150,000. what is the ap

proximate percentage of gross profit
Business
1 answer:
Tcecarenko [31]4 years ago
7 0

Based on the information provided:

Gross income is $486,000

Fixed expenses: $300,000

Variable expenses: $150,000

To find the percentage of gross profit first figure out the difference between the gross income and expenses which is: $486,000 - $300,000 - $150,000 = $36,000 then divide the gross income by the profit 486,000/36,000 and the answer is 13.5%.

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Answer:

Equipment account increases , and cash decreases with same amount

Explanation:

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3 years ago
You own 2,400 shares of Stephen Inc. The company plans on issuing a dividend of $.75 a share at the end of this year and then is
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Answer:

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Explanation:

The computation of the one share value at today is shown below:

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3 years ago
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Sonbull [250]

Answer:

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A \to 0.9x + 0.3y \le 10000

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