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Baskin Promotions,Inc.sells T-shirts decorated for a variety of concert performers.The company has developed the following budget for the coming year based on a sales forecast of 80,000 T-shirts:
Cost of goods sold and variable operating expenses vary directly with sales,and the income tax rate is 30% at all levels of operating income.
If the concert season is slow due to poor weather,Baskin estimates that sales could fall to as low as 60,000 T-shirts.
-Assume Baskin actually achieves the 60,000 unit sales level,and that net income actually earned at this level was $70,000.A performance report would indicate that net income was:
Extraversion
A personality trait characterized by high levels of sociability, talkativeness, energy and assertiveness.
Agreeableness
A personality trait characterized by attributes such as being kind, sympathetic, cooperative, warm, and considerate.
Neuroticism
A personality trait characterized by emotional instability, anxiety, moodiness, worry, and fear.
Positive Emotion
Feelings or emotions that evoke a sense of well-being, happiness, or contentment in an individual.
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