Where is focus located in concave mirror?

A hardware buyer plans to purchase 75 ladders which will retail for $35 each. He has already placed an order for 48 ladders at $

Anarel [89]

Answer:

The most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal is $36.357.

Explanation:

A hardware buyer plans to purchase 75 ladders which will retail for $35 each. This means that he is going to sell each ladder for $35, regardless of how much he paid for them before.
He has already placed an order for 48 ladders at $16.50 each. So out of the 75 ladders he is planning to purchase and then sell, he bought 48 at a reduced price of only $16.50 each. Now if we subtract those numbers, as shown below, we determine that he still needs to buy 27 more ladders at an unknown price:

(75 - 48) ladders = 27 ladders

What is the most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal? So we need to determine the maximum price for each of the remaining 27 ladders if he is to obtain a 48% markup goal.

Markup in this case is just a measure of the ratio (in %) between the profit made (by selling 75 ladders for $35 each) to the cost paid (by buying 48 of them at $16.5 each and 27 of them at an unknown price). Its formula is as follows:

$Markup=\frac{Profit}{Cost}*100$

Now, we already have our markup goal of 48%, so we can substitute that number into the formula, and divide both sides of the equation by 100:

$48=\frac{Profit}{Cost}*100\\0.48=\frac{Profit}{Cost}\\\frac{Profit}{Cost}=0.48$

We know that Cost is the sum of what he paid for the 48 ladders, plus what he is to pay for the remaining 27 ladders, so it should look something like this:

$Cost=(48ladders*16.5\frac{dollars}{ladder} )+(27ladders*x)$

$Cost=(792 dollars)+(27ladders*x)$

Where 'x' is the maximum price he can pay for each of the remaining 27 ladders if he is to obtain a 48% markup goal.

We should also know that Profit is what he gets by selling the 75 ladders, minus the cost paid for them. It should look something like this:

$Profit=(75ladders*35\frac{dollars}{ladder} )-[(792dollars)+(27ladders*x)]$

$Profit=(2625dollars)-[(792dollars)+(27ladders*x)]\\Profit=(2625dollars)-(792dollars)-(27ladders*x)\\Profit=(1833dollars)-(27ladders*x)$

Next, we want to substitute what we have so far for Cost and Profit into the worked Markup formula we had written before, and solve the equation by isolating our 'x'. To do that, let's follow these steps:

$\frac{Profit}{Cost}=0.48$

$\frac{(1833dollars)-(27ladders*x)}{(792 dollars)+(27ladders*x)}=0.48\\1833dollars-27ladders*x=0.48*[792 dollars+27ladders*x]\\1833dollars-27ladders*x=380.16dollars+12.96ladders*x$

At this point, we want to transfer the 'x' terms to one side of the equation, and the other terms to the other side, so we get to the answer:

$1833dollars-380.16dollars=12.96ladders*x+27ladders*x\\1452.84dollars=(12.96+27)ladders*x\\1452.84dollars=39.96ladders*x$

Finally, we divide both sides of the equation by 39.96 ladders:

$\frac{1452.84dollars}{39.96ladders} =x\\36.357\frac{dollars}{ladders}=x\\x=36.357\frac{dollars}{ladders}$

So the most he can pay for each of the remaining ladders if he is to obtain a 48% markup goal is $36.357. That means that even if he buys the remaining ladders for a higher price than what he is willing to sell them for, he still obtains a 48% markup goal.

7 0

3 years ago

Although there are advantages and disadvantages to home-based workers for both the employer and employee the disadvantages to em

ella [17]

Explanation:

The disadvantages of home work can directly impact the employer, the employee and society by reducing the interaction of workers in the organizational environment.

Social interaction at work is an advantageous factor for the conception of new ideas, innovation, problem solving, and relationships that can encourage and motivate the performance of work.

For the worker, it can directly impact their motivation for work, which can generate stressful situations due to the lack of interaction with other co-workers. For the employer it can mean difficulties in coordinating and monitoring work, ineffective communication, etc.

For society, on the other hand, it can constitute significant changes in work, which can cause difficulties in interpersonal relationships, and difficulty for group living.

5 0

3 years ago

In which performance appraisal method are various performance levels shown along a scale that incorporates only positive perform

Hatshy [7]

Answer:

Behavioral observation scales (BOS).

Explanation:

Performance appraisal is a formal systematic process combining both written and oral elements for reviewing and evaluation of individuals or a team's task performance in an organization. It helps employers to understand the abilities of their employees for further growth, training and development. One of such tool for performance appraisal is

Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.

This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.

Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.

6 0

2 years ago

Form 8889, Part 1 is used to report HSA contributions made by _______________. A. Carol B. Carol’s employer C. Carol’s cousin D.

goldenfox [79]

Answer: B Explanation: both fred and carol (as a couple) must e-sign the return form or otherwise it may be tagged a fraudulent

Please give me brainliest

4 0

2 years ago

A market order has: a. Price uncertainty but not execution uncertainty. b. Both price uncertainty and execution uncertainty. c.

Ipatiy [6.2K]

Answer:

The correct answer is letter "A": Price uncertainty but not execution uncertainty.

Explanation:

When talking about trading orders, a market order is executed whether to buy or sell a security at market price. The market order does not follow the security's price at the bid or ask, it usually follows the last price at which the security was sold. Thus, that price is always uncertain.

The benefit of market order relies on the execution. Traders will not have to wait until another trader is willing to buy or sell at their desired level. The market order will execute the order almost automatically at the price the market has available.

6 0

3 years ago