For this problem, we are required to calculate the net operating income.
In order to answer the question, we will first calculate the impact of the changes on the Hardware department. Then we will add the remaining fixed costs that are currently charged to Linens that will continue.
To calculate net operating income, subtract operating expenses from the revenue generated by a property. Revenue from real Hardware department estate includes rental income, parking fees, service changes, vending machines, laundry machines, and so on.
Net income, also known as the bottom line, Hardware department indicates a business's profitability. It shows how much profit is left from revenue after accounting for expenses and liabilities. Net income is profit that can be distributed to business owners or shareholders or invested in business growth.
A corporation's positive net income causes an increase in the retained earnings, which is part of stockholders' equity. A net loss will cause a decrease in retained earnings and stockholders' equity.
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Answer: B
Explanation: Functional component because if a management is selling a car and things are breaking down after a costumer has received it, the functional team should triple check and make sure it’s functional to sell.
$29760, overhead would be allocated to a job if it required total labor costing $24,000. Thus, option (a) is correct.
What is labor?
The term “labor” refers to the work involved in the provision of the services. Labor is the exchange of the services of money. Labor is an important part of the economy. Labor is to produce goods and services for the industry.
Determining the overhead:-
A company overhead application rate of 124%.
The total labor costing $24,000.
How much overhead = ?
Total overhead applied would be equal to
=(124% × $24000)
which is equal to
=$29760.
As a result, the overhead of labor are, $29760. Therefore, option (a) is correct.
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A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money from their account without penalty. This benefit indicates Fixed Interval Reinforcement schedule.
A response is rewarded based on whether it was carried out within a set amount of time under a partial reinforcement schedule known as fixed interval reinforcement. It's crucial to remember that only the first reaction is acknowledged and rewarded.
The individual can engage in a behavior as many as they like, but they will only get rewarded once for it.
The reaction isn't reinforced every time it is executed, as I indicated fixed interval reinforcement is a partial reinforcement schedule. You would put your child on a continuous reinforcement schedule if you wanted to reward them each time, they made their bed.
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Answer:
$1,160,000
Explanation:
Assuming that only operating expenses in given question is Annual Rent.
Effective Gross income=(60*10,0000)/30%=2,000,000
Since the occupancy rate is 88%, therefore the effective gross income will be 2,000,000*88%=1,760,000
Net Operating income=Effective gross income-operating expenses
=1,760,000-(60*10,000)
=1,760,000-600,000
=$1,160,000