Answer:
d. $46,800
Explanation:
Operating revenues $199,700
Less:
Operating expenses <u> $111,000</u>
Operating Profit $88,700
Less:
Interest expense $9,200
Income tax expense <u>$36,000</u>
Net Income $43,500
Add:
Gain from sale <u> $3,300 </u>
Total Net Income <u>$46,800</u>
The amount of stockholder's equity is calculated as -
Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital
Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000
Total stockholder's equity = $ 31,000
Answer:
Normal conditions not applying.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of normal conditions not applying because it follows the discretion of the manager or team involved.
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