Answer:
The firm’s operating profit is $127,000
Explanation:
The operating profit i an element in the income statement obtained after the deduction of the operating expenses from the gross income. The gross income is the difference between the sales and cost of sales.
As such
Given;
sales = $2,160,000
Cost of goods sold = $1,550,000
Gross income = $2,160,000 - $1,550,000
= $610,000
Selling and administrative expenses = 10% × $2,160,000 = $216,000
Depreciation = 6% × $4,450,000 = $267,000
Operating profit = $610,000 - $216,000 - $267,000
= $127,000
Limited bits may cause some rounding of the mantissa is true a few double variable
<h2>What is a double variable?</h2>
A double type variable may be a 64-bit floating data type
The double may be a fundamental data type built into the compiler and used to define numeric variables holding numbers with decimal points. C, C++, C# and lots of other programming languages recognize the double as a type
Why we use double data type?
Double is more precise than float and may store 64 bits, double of the amount of bits float can store. Double is more precise and for storing large numbers, we prefer double float. for instance , to store the annual salary of the CEO of a corporation , double are going to be a more accurate choice.
Learn more about double variable store:
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Answer:
c) managerial and marketing knowledge developed at home can be used abroad with low marginal costs.
Explanation:
Low marginal cost represents low cost associated with the functioning of bank at low cost for each additional transaction of business. This basically provides for low costing.
Since the bank is able to exercise the low marginal cost in domestic market it expects to have a low marginal cost in international market also with the expertise of management.
As the bank feels confident with the management that it would be able to keep the cost low even in international domains thus, it expects low marginal cost in international domains also.
Solutions
We know a used car is $ 5,000. You can drive 10, 000 miles per year in that car for 4 years. The care insurance per year would be $ 1,200. You know that you will spend $ 400 on maintenance. The gas will cost $ 4 per gallon and the car gets 25 miles per gallon.
⇒ (car) = $ 5,000
⇒ (Miles per year) = 10,000
⇒ ( Insurance per year) = $ 1,200
⇒ ( Maintenance ) = $ 400
⇒ (Gas) = $ 4 per gallon
To solve this problem we have to do
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
</span>
We multiply by 4 since he figured out the car will last 4 years.
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Calculations
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
</span>
Total Cost = (car) $5,000 + (Car Insurance) 4 × $1200 + (Maintenance) 4 × $400 + (cost/gallon) 4 × 10,000 (miles/gallon) × $4/25 = $17,800
Now we have to find per mile
We know that 10,000 miles = 1 year
To convert to 4 years multiply by 4 = 40,000 miles
<span>Cost/Mile = $17,800 / (40,000 miles)
= $0.445 / mile
= 44.5 cents per mile.
</span>
Answer = <span>44.5 cents per mile.</span>
Answer:
the arrangement or relationship of positions within an organization.
Explanation:
The organizational structure corresponds to the arrangement or relationship of positions within an organization, that is, the structure refers to the company's structure by department, position and function, which makes up the organizational hierarchy.
The structure is not fixed, it can be changeable according to the objectives and goals of a company, but to change it it is necessary to share the vision with the stakeholders and analyze the change, since the organizational structure also establishes the culture and the form of relationship within a company.
In the centralized structure, decision-making occurs hierarchically from the highest to the lowest positions, whereas in the decentralized structure, the lower hierarchical levels also participate in the decision-making process, requiring the alignment of the organizational structure with the values and objectives of the company.
