Lv beethoven software supplies customized software to a managed healthcare system. lv beethoven software's costs for the software is $1,723,000. lv beethoven software sells the software to the healthcare system for $3,816,981.10. overhead expenses are estimated at 47% of the selling price. what is lv beethoven software's net profit to the nearest dollar?

LV Beethoven Software's net profit is $300000.

Step-by-step explanation:

L V Beethoven Software's cost price = $1723000 and selling price = $3816981.10

Since overhead expenses are estimated at 47% of the selling price then overhead expenses will be = selling price × 47%

                                              = selling price ×

                                              = 3816981.1 × 0.47 = $1793981.117

And we know net profit = selling price - (cost price + overhead expenses)

                                        = 3816981.10 - (1723000+1793981.12)

                                        = 3816981.1 - 3516981.12

                                        = 299999.983 ≅ $300000.00

Hence net profit of L V Beethoven Software is $300000.

.there can be infinite values of m and n that can satisfy the above equation. for each value of m of m or n. there maybe infinite sets of solution for the above

step-by-step explanation: