haymoresoftball14 haymoresoftball14

24-02-2018
Mathematics

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ABE Software creates customized software that sells for $3,816,981.10 total. ABE Software’s cost is $1,723,000.00 and overhead expenses are estimated at 47% of the selling price. What is ABE Software’s net profit to the nearest dollar?

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sqdancefan sqdancefan

24-02-2018

$3,816,981.10 -0.47*3,816,981.10 -1,723,000.00 = $299,999.983

Net profit, rounded to the nearest dollar, is $300,000.

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