Exceptional Events provides event management services. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment. The following data relate to its three segments for the month of June: Maribel Jessica Timothy Sale revenue $ 6 comma 000 $ 10 comma 700 $ 12 comma 350 Variable costs $ 5 comma 900 $ 7 comma 100 $ 12 comma 000 The business segments had the following number of customers: Maribel, 26; Jessica, 29; and Timothy, 35. The total fixed costs for the month amount to $ 3 comma 500. What is the operating income of Exceptional Events for the month of June? A. $ 100 B. $ 4 comma 050 C. $ 29 comma 050 D. $ 550

Net operating income= $550

Explanation:

Giving the following information:

Maribel:

Sales= $6,000

Variable cost= $5,900

Contribution margin= $100

Jessica:

Sales= $10,700

Variable cost= $7,100

Contribution margin= $3,600

Timothy:

Sales= $12,350

Variable costs= $12,000

Contribution margin= $350

The total fixed costs for the month amount to $3,500.

Net operating income= contribution margin - fixed costs

Net operating income= (100 + 3,600 + 350) - 3,500= $550

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

lives by a moral and ethical code