Net income or (Loss) = $43,128.
The provided information states that:
Elegant Decor Company
Forecasted annual income statement
Under the strategy to eliminate Department 200
Sales = $437,000
Cost of goods sold = $261,000
Gross profit = $176,000
Operating expenses
Direct expenses:
Advertising = $15,500
Store supplies utilized = $4,500
Depreciation of Store Equipment = $4,200
Total Direct Expense = $24,200
Allocated Expenses:
Sales Salaries = $64,000
($104,000-2×$24,200+($31,200÷2) = $40,000)
(104,000-$40,000)
Rental Expenses = $14,180
Bad debt expense = $9,400
Office salary = $15,600
($31,200 - ($31,200 ÷ 2))
Insurance expense = $1,724
($2,200 - $476)
Miscellaneous expense = $3,728
($4,000 - $272)
Total Allocated Expenses = $108,632
Total Expense = $132,872
($108,632 + $24,200)
Net income or (Loss) = $43,128
($176,000 - $132,872)
Answer:
This type of research can be best described as a non-experimental study.
Explanation:
Non-experimental research refers to situations where the researcher is unable to manipulate, regulate, or alter the subjects involved, relying instead on observation, interpretation, or interactions to draw conclusions. In such studies, the researcher typically depends on surveys, correlations, or case studies.
The external validity of non-experimental research is notably high as it is generally applicable to larger populations. An example of this is when XYZ Corp utilizes a survey for the study.
D. graphic designer, as she has the skills to design documents and compile them.
