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General/Operations Manager

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AVG. SALARY

$100,740

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EDUCATION

Bachelor's degree or higher +

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Math -- Solution

You are looking over the financial statements at your company. This will help you plan the direction of your company. This is what you calculate:

If you do double the gross income, will it be greater or lesser than last year? By how much?

This year gross income for 6 months = $650,000

To make this 12 months, double the amount:

$650,000 x 2 = $1,300,000 (or $1.3 million)

The company's gross income for 12 months should be $1.3 million.

Last year gross income = $1.5 million

$1,500,000 - $1,300,000 = $200,000

Last year's gross income will be more than this year's projected gross income by $200,000.

Will your net income be lesser or greater than last year? By how much?

This year net income for 6 months: $250,000

For 12 months, double the amount:

$250,000 x 2 = $500,000

Last year net income = $500,000

The net income for this year is projected to be the same as it was for last year.


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