No, the roommate's statement cannot be deduced from the unemployment rate statistic. An increase in the unemployment rate indicates that the percentage of unemployed individuals has increased, not necessarily the total number of unemployed individuals.
The statement made by the roommate, which suggests a continuous decrease in the number of employed individuals, cannot be derived from the information provided in the news broadcast. To determine whether there are truly fewer people with jobs, one would need the total number of people who are employed, not just the percentage.
Make some research to find the current unemployment rate of your hometown. Please tell the statistics data source. As a language model, I don't have access to data sources or websites. To find out the current unemployment rate of your hometown, you may consult your local government or research reputable sources such as the Bureau of Labor Statistics or the Department of Labor.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.
Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.
Question 1 of 10
To use an outline for writing a formal business document, what should you do
after entering your bottom-line statement?
A. Enter each major point from the outline on a separate line.
B. Move the bottom-line statement to the end of the document.
C. Write a topic sentence for every detail.
D. Enter each supporting detail from the outline on a separate line.
SUBMIT
At January 1, 2024, Café Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. The lease agreement specifies annual payments of $25,000 beginning January 1, 2024, the beginning of the lease, and on each December 31 thereafter through 2031. The equipment was acquired recently by Crescent at a cost of $171,000 (its fair value) and was expected to have a useful life of 12 years with no salvage value at the end of its life. Because the lease term is only 9 years, the asset does have an expected residual value at the end of the lease term of $4,666. Crescent seeks a 8% return on its lease investments.Required: 1. What will be the effect of the lease on Cafe Med's earnings for the first year? 2. What will be the balances in the balance sheet accounts related to the lease at the end of the first year for Cafe Med?
The lease is an operating lease since the lease term is less than the useful life of the equipment. Café Med will record the annual lease payment of $25,000 as an operating expense on its income statement for the first year.
Right-of-use asset: The annual amortization expense will be ($171,000 - $4,666) / 9 = $18,519. Therefore, at the end of the first year, the right-of-use asset will be $171,000 - $18,519 = $152,481.
Lease liability: The lease liability will be reduced by the amount of the lease payment made during the year ($25,000). PV of remaining lease payments = $25,000 x [(1 - 1 / (1 + 0.08)^8) / 0.08] = $146,391
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
Pls help will mark brainleist
Answer:
D Values
Explanation:
Ice road trucking services establishes a petty cash fund on april 3 for $500. By the end of april, the fund has a cash balance of $413. The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month include the following items:
Ice Road Trucking Services established a petty cash fund on April 3 for $500.
By the end of April, the fund has a cash balance of $413. The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month include the following items:
- Office supplies: $30
- Postage: $10
- Delivery fees: $20
- Gasoline: $27
To calculate the total expenditures for the month, we need to add up all of the individual expenditures:
$30 (office supplies) + $10 (postage) + $20 (delivery fees) + $27 (gasoline) = $87
This means that the total expenditures for the month were $87.
To calculate the remaining balance in the petty cash fund, we need to subtract the total expenditures from the original balance:
$500 (original balance) - $87 (total expenditures) = $413 (remaining balance)
Therefore, the remaining balance in the petty cash fund at the end of April is $413. This matches the cash balance that was given in the question, so we can be confident that our calculations are correct.
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The most difficult decision for a project manager is to say:
A. OK! I’ll do it.
B. It’s my job.
C. Let the sponsor do it.
D. No, it’s not my job.
The most difficult decision for a project manager is to say "No, it’s not my job." So, option D is the correct answer.
As a project manager, it is crucial to clearly define your responsibilities and scope of work. Sometimes, you may need to decline requests or tasks that fall outside of your area of expertise or responsibility.
This can be a challenging decision, but it is necessary to ensure that you can focus on your core responsibilities and successfully complete the project within the allocated resources and timeframe. Therefore, saying "No, it's not my job" is a critical part of effective project management.
It is important to communicate clearly and professionally when declining a task. This helps to maintain positive working relationships with colleagues and stakeholders and ensures that everyone is aware of their roles and responsibilities.
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The most difficult decision for a project manager is to say "No, it’s not my job." So, option D is the correct answer. As a project manager, it is crucial to clearly define your responsibilities and scope of work.
Sometimes, you may need to decline requests or tasks that fall outside of your area of expertise or responsibility. This can be a challenging decision, but it is necessary to ensure that you can focus on your core responsibilities and successfully complete the project within the allocated resources and timeframe. Therefore, saying "No, it's not my job" is a critical part of effective project management. It is important to communicate clearly and professionally when declining a task. This helps to maintain positive working relationships with colleagues and stakeholders and ensures that everyone is aware of their roles and responsibilities.
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Vilal
It is important to get familiar with the terminologies used in the discussion so that they
will leave an imprint in your mind and enrich your vocabularies as well
Your task is to find ten hidden words in a group of jumbled letters in the box below.
You can find the words by going horizontally, vertically or diagonally. Write your answers in
one whole sheet of paper
Answer:
I'm sorry but you got your task is to find 10 hidden words that in a group of jumbled letters in the box below? Where is the box below I do not see nothing?
Please help me where can I find an app that helps me more about Business and becoming a business man please help thank you have a great rest of your day:)
1.] Gusto "Small business owners with a team to run may find Gusto a lifesaver."
2.] Scanner App. "This free app for small business lets you send documents and forms on the go."
3.] Square. "Square is the payment app for small business right now."
4.] Wunderlist. ...
5.]LinkedIn. ...
6.]PicMonkey. ...
7.] Shopventory. ...
8.] TripIt.
these are all ranked gusto being the best and 8 being good but not as good as the top 3
copyright is an intellectual property protection that is available to: responses unpublished works unpublished works both published and unpublished works both published and unpublished works only works produced by business entities only works produced by business entities published works
Copyright is an intellectual protection that grants exclusive rights to the creator of an original work to control how it is used, and is available to both published and unpublished works, and it is not limited to works produced by business entities.
Copyright protection is available to both published and unpublished works. A work is considered published if it has been made available to the public in any form, such as by selling, distributing, or displaying it. Unpublished works are those that have not been made available to the public in any form.
Copyright protection is not limited to works produced by business entities. It applies to any work that is original and fixed in a tangible medium of expression, including those created by individuals, groups, or organizations.
Therefore, copyright protection is available to both published and unpublished works, and it is not limited to works produced by business entities.
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I need help in this it’s personal finance
Answer:
it may personal finance
Explanation:
because it's is include personal site
A company has the following transactions during March:
March 3 Purchases inventory on account for $3,900 terms 4/10, n/30
March 5 Pays freight costs of $230 on inventory purchased on March 3.
March 6 Returns inventory with a cost of $800
March 12 Pays the full amount due on March 3 purchase.
March 29 Sells all inventory purchased on March 3 (less those returned on March 6) for $5,300 on account.
Record all transactions, including the month-end adjustment to cost of goods sold, assuming the company uses a periodic inventory system and has no beginning inventory
Purchases inventory on account for $3,900 terms 4/10, n/30
The company records the following transaction:
DebitInventory$3,900
Credit
Accounts Payable$3,900
March 5:
Pays freight costs of $230 on inventory purchased on March 3.
The company records the following transaction:
DebitFreight In$230
CreditCash$230
March 6:
Returns inventory with a cost of $800
The company records the following transaction:
DebitAccounts Payable$800
CreditInventory$800
March 12:
Pays the full amount due on March 3 purchase. The company records the following transaction:
DebitAccounts Payable$3,900
CreditCash$3,726
CreditInventory$174($3,900 x 4%)
March 29:
Sells all inventory purchased on March 3 (less those returned on March 6) for $5,300 on account.
The company records the following transaction:
DebitAccounts Receivable$5,300
CreditSales$5,300
DebitCost of Goods Sold$3,026 ($3,900 - $800 - $174)
CreditInventory$3,026
Month-end adjustment to cost of goods sold:
The company must make an adjustment to record the cost of inventory sold during the month.
The company can use the following formula to calculate cost of goods sold:
Beginning inventory + Purchases - Ending inventory = Cost of goods sold
Because the company has no beginning inventory and the ending inventory is zero, the cost of goods sold is equal to the total cost of inventory purchased during the month:
$3,900 + $230 - $800 = $3,330
The company records the following transaction:
Debit Cost of Goods Sold$3,330
CreditInventory$3,330
This is how all the transactions for March are recorded in the books of the company.
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both dividends paid and dividends declared during the year are reported in the statement of cash flows. State True or False your answer:
a. True
b. False
Answer:
B. False is the correct answer.
Explanation:
a mortgage for which a borrower receives regular monthly payments from the bank is:
A mortgage for which a borrower receives regular monthly payments from the bank is called a reverse mortgage. It is a type of loan arrangement where homeowners who are typically elderly can convert a portion of the equity in their homes into cash, providing them with a regular stream of income while still living in their homes.
A reverse mortgage is a financial product designed for homeowners who are typically seniors and have accumulated equity in their homes. Unlike a traditional mortgage, where the borrower makes monthly payments to the bank, in a reverse mortgage, the borrower receives regular monthly payments from the bank. The bank makes payments to the homeowner based on the value of their home, their age, and the specific terms of the reverse mortgage agreement.
The purpose of a reverse mortgage is to allow homeowners to tap into their home equity without having to sell their property. The borrower retains ownership of the home and continues to live in it while receiving regular payments from the bank. The loan balance of the reverse mortgage increases over time as interest accrues on the outstanding amount, reducing the homeowner's equity in the property.
Reverse mortgages can be an attractive option for seniors who need additional income in retirement or want to supplement their existing retirement funds. However, it's important for borrowers to carefully consider the terms and implications of a reverse mortgage, including potential fees and costs, impact on inheritance, and the long-term financial implications. Borrowers should seek professional financial advice before entering into a reverse mortgage agreement to ensure it aligns with their financial goals and needs.
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Chenglei, an IT manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Chenglei is utilizingA) job evaluationB) management science.C) behaviorism.D) the Hawthorne effect.E) scientific management
Answer: scientific management
Explanation:
How would potential customers most likely self-identify as your target customers?
What are the basic benefits and purposes of developing
pro forma statements and a cash budget? Be sure to support your comments with references
from the literature and cite your sources using APA 7th
Pro forma statements and a cash budget are valuable tools used in financial planning and analysis. They provide important insights into a company's projected financial performance and cash flow position.
Here are the basic benefits and purposes of developing these statements, supported by references from the literature:
1. Pro Forma Statements:
Pro forma financial statements are forward-looking projections of a company's financial performance based on assumptions and forecasts. They serve several purposes:
a. Financial Planning: Pro forma statements help in strategic financial planning, allowing companies to estimate future revenue, expenses, and profitability. This assists in setting goals and making informed decisions regarding resource allocation, investment opportunities, and potential financing needs. (Brigham & Ehrhardt, 2016)
b. Performance Evaluation: By comparing actual financial results with the projected figures in the pro forma statements, companies can assess their performance and identify areas of improvement. This helps in evaluating the effectiveness of various strategies and initiatives. (Rao, 2015)
c. Investment Analysis: Pro forma statements aid investors and stakeholders in evaluating the financial viability of investment opportunities. They provide a basis for estimating future returns and assessing the potential risks associated with a particular venture. (Weston et al., 2015)
2. Cash Budget:
A cash budget is a projection of a company's expected cash inflows and outflows over a specific period. It serves the following purposes:
a. Cash Flow Management: A cash budget helps companies manage their cash flow effectively by estimating when cash will be received and when it will be disbursed.
It enables organizations to anticipate periods of cash shortages or excesses, facilitating proactive measures such as arranging additional financing or deploying surplus funds for investment. (Horngren et al., 2016)
b. Working Capital Management: By forecasting cash inflows and outflows, a cash budget assists in optimizing working capital management. It helps determine the necessary cash reserves to support day-to-day operations, inventory management, and payment obligations, ensuring that the company maintains adequate liquidity. (Gitman et al., 2019)
c. Financial Decision Making: A cash budget provides essential information for financial decision making. It helps evaluate the feasibility of investment projects, assess the impact of different financing options, and determine the optimal timing for major expenditures or debt repayments. (Parrino et al., 2015)
References:
Brigham, E. F., & Ehrhardt, M. C. (2016). Financial Management: Theory & Practice. Cengage Learning.
Gitman, L. J., Juchau, R., & Flanagan, J. C. (2019). Principles of Managerial Finance (8th ed.). Pearson Australia.
Horngren, C. T., Sundem, G. L., Stratton, W. O., Burgstahler, D., & Schatzberg, J. (2016). Introduction to Management Accounting (16th ed.). Pearson.
Parrino, R., Kidwell, D. S., & Bates, T. W. (2015). Fundamentals of Corporate Finance. Wiley.
Rao, K. V. S. (2015). Management Accounting and Financial Control. PHI Learning Pvt. Ltd.
Weston, J. F., Siu, J. A., & Johnson, B. A. (2015). Takeovers, Restructuring, and Corporate Governance (5th ed.). Pearson.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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You get an offer from a credit card company willing to extend you up to $1,000 in credit with no monthly minimum payments. Their interest rate is 20% APR compounded daily. You decide to take advantage of this offer and charge part of your tuition on this card for a total of $1,000. How much will your balance grow to in one year? How about 3 years?
If you charge $1,000 on the credit card with an interest rate of 20% APR compounded daily, your balance will grow to approximately $1,221 after one year and approximately $1,492 after three years.
The formula to calculate compound interest is A = P(1 + r/n)^(nt), where A is the future value, P is the principal amount, r is the annual interest rate, n is the number of compounding periods per year, and t is the number of years.
In this case, the principal amount (P) is $1,000, the annual interest rate (r) is 20%, and the compounding periods per year (n) is 365 (since interest is compounded daily).
After one year (t = 1), the future value (A) can be calculated as A = $1,000 * (1 + 0.20/365)^(365*1) ≈ $1,221.
After three years (t = 3), the future value (A) can be calculated as A = $1,000 * (1 + 0.20/365)^(365*3) ≈ $1,492.
Therefore, your balance will grow to approximately $1,221 after one year and approximately $1,492 after three years if you charge $1,000 on the credit card with a 20% APR compounded daily.
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who is a good house builder in a bloxburg I need a house :(
Answer:
I'm good
Explanation:
but I'm still working on my house :(
Analyze: Review lines 57-72. What words does the poet use to help you understand Paul Revere’s character and how he behaves while he waits for the signal?
In lines 57-72 of the poem "Paul Revere's Ride" by Henry Wadsworth Longfellow, the poet uses a variety of words to help the reader understand Paul Revere's character and behavior while he waits for the signal.
Firstly, the poet uses the word "anxious" to describe Revere's state of mind, which suggests that he is eager and concerned about the task ahead. The word "impatient" is also used, which implies that Revere is restless and eager to get going.
Secondly, the poet uses the phrase "quietly humming a song" to describe Revere's behavior, which suggests that he is trying to stay calm and composed. The word "steadfast" is also used to describe Revere's determination to complete his mission despite the danger involved.
Thirdly, the poet uses the phrase "watchful eyes" to describe Revere's alertness and vigilance while waiting for the signal. The word "vigilant" is also used, which further emphasizes Revere's alertness and readiness to respond to any danger.
Finally, the poet uses the word "courier" to describe Revere's role in the mission, which suggests that he is a skilled and trusted messenger.
Overall, the words used by the poet paint a picture of Paul Revere as a brave, determined, and vigilant individual who is committed to the cause of the American Revolution.
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SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments
Answer: unions and customers
Explanation:
Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc
Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.
the role of is to promote stability or to enable the organization to run smoothly, whereas the role of is to promote adaptive or useful change multiple choice management...leadership control...supervision leadership...management supervision...management leadership...supervision
In order to ensure that objectives are met, organizing is a management task that includes both creating an organizational structure and allocating resources to individuals.
What does the word "management" mean frequently?
To accomplish a purpose, management organizes and controls tasks. These administrative responsibilities include formulating the organization's plan of action and organizing the staff's efforts to achieve these objectives while utilizing the resources at hand. Management is the process of allocating a company's resources and activities to accomplish particular objectives as effectively and efficiently as feasible. How well managers do their tasks determines whether an organization succeeds or fails.
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Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
if social media followers exhibit greater purchase frequency than nonfollowers it could be a sign that the social media efforts are producing good results or that:
If social media followers exhibit greater purchase frequency than non-followers, it could be a sign that the social media efforts are producing good results. However, it could also indicate other factors such as higher brand loyalty among followers, targeted marketing campaigns, or a pre-existing customer base that is more likely to follow the brand on social media.
A higher purchase frequency among social media followers suggests that the brand's social media efforts are effectively engaging and influencing its audience. The increased exposure to marketing messages, product updates, and promotions through social media channels may be driving followers to make more frequent purchases. This indicates that the brand's social media strategy is successful in converting followers into customers and generating revenue.
On the other hand, there could be additional factors contributing to the greater purchase frequency among followers. One possibility is that followers have higher brand loyalty compared to non-followers. These individuals may already have a positive perception of the brand and actively seek out its products, leading to more frequent purchases. In this case, the social media efforts may be reinforcing and strengthening the existing customer relationship rather than solely driving new sales.
Another factor to consider is that social media allows for targeted marketing campaigns. The brand may be tailoring its social media content and promotions specifically to its followers, creating a more personalized and compelling experience. This targeted approach can increase the likelihood of purchase among followers compared to non-followers who may not receive the same level of tailored messaging.
It's also important to recognize that the social media following itself may consist of a pre-existing customer base. Customers who are already inclined to make regular purchases from the brand are more likely to follow it on social media. Therefore, the higher purchase frequency among followers could be a result of their existing purchasing behavior rather than a direct consequence of the social media efforts.
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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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a loss from the sale or exchange of property will be disallowed in which of the following situations? a.a transaction between two partners with investments in the same partnership. b.a transaction between a partnership and a partner who has a 40 percent profit interest in the partnership. c.a transaction between a partnership and a partner who owns 40 percent of the partnership capital. d.a transaction between two partnerships owned 80 percent by the same partners. e.none of these choices are correct.
The loss from the sale or exchange of property will be disallowed in a transaction between two partnerships owned 80 percent by the same partners. The correct option is D.
This is because when two partnerships are owned by 80% of the same partners, it would mean that they are under common control, and this makes it a prohibited transaction.The disallowance of losses is generally referred to as anti-churning rules that were enacted in order to prevent tax avoidance. It prohibits a taxpayer from claiming a tax loss deduction from the sale of depreciable personal property that has been acquired or held by the taxpayer in a tax-free exchange or through a non-taxable transfer.Therefore, the loss from the sale or exchange of property will be disallowed in a transaction between two partnerships owned 80 percent by the same partners. The correct option is D.Learn more about loss here: https://brainly.com/question/26483369
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Jelly Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $49,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $141,000
The amount of net operating income in a month is equal to $35,100.
What is a contribution margin?A contribution margin (CM) is an amount of profit that is computed before deducting the fixed cost.
Given values:
Sales Revenue: $141,000
Fixed cost: $49,500
CM ratio: 60%
Computation of net operating income:
\(\rm\ Net \rm\ Operating \rm\ Income=(\rm\ Sales \rm\ Revenue \times \rm\ Contribution \rm\ Margin \rm\ Ratio) - \rm\ Fixed \rm\ Cost\\\rm\ Net \rm\ Operating \rm\ Income=(\$141,000 \times\ 60\%)-\$49,500\\\rm\ Net \rm\ Operating \rm\ Income=\$84,600-\$49,500\\\rm\ Net \rm\ Operating \rm\ Income=\$35,100\)
Therefore, when the fixed cost is $49,500 and the contribution margin is $84,600, then the net operating income comes out to be $35,100.
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