Question

The

profit forcast for the most fiscal quarter is $250000. The actual
profit is 80% of the forecast profit. what is the actual
profit

Answer 1

The actual profit can be calculated as follows:

P_actual = 0.8 * P_forecast

Now, we need to solve for P_actual:

P_actual = 0.8 * ($250,000)

P_actual = $200,000

So, the actual profit for the quarter is $200,000.