66.7k views
2 votes
A nonprofit organization aids the unemployed by supplementing their incomes by $5,000 annually, while they seek new employment skills. The organization has fixed costs of $200,000 and the budgeted appropriation for the year totals $700,000. How many individuals can receive financial assistance this year

User Puffadder
by
7.8k points

1 Answer

7 votes

Answer:

100

Step-by-step explanation:

Calculation to determine How many individuals can receive financial assistance this year

Using this formula

Numbers of individuals=Total budgeted appropriation-Fixed costs/Incomes

Let plug in the formula

Numbers of individuals=700,000-200,000/5000

Numbers of individuals=500,000/5000

Numbers of individuals=100

Therefore How many individuals can receive financial assistance this year will be 100

User Walter Macambira
by
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.