Answer:
70.3%
Explanation:
Current period cost-to-retail percentage is:
- Beginning inventory $70,000 $107,000
- Plus: Net Purchases $302,290 $450,000
- Plus: Net markups $23,000
- Less: Net markdowns ($43,000)
Goods available for sale (excluding beginning inv.) $302,290 $430,000
Goods available for sale (including beginning inv.) $372,290 $537,000
Cost-to-retail percentage = $302,290 / $430,000 = 70.3%
Answer:
<em>Behavioristic </em>
Explanation:
Behavioral segmentation <em>distinguishes a population based on its actions, the reaction, use or understanding of a product by the community. </em>
Consumer habits is a topic of advertising strategy that has been studied extensively over time.
This is primarily because a customer takes into account many considerations before making a decision.
Answer:
D) $571.24
Explanation:
Royce' premiums for the previous year were:
- bodily injury $22.50
- property damage $144.75
- collision $275.75
- comprehensive $100
The total premium of the policy was $543
Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24
Answer:
-1.8
Explanation:
Data provided in the question:
Mean = $32,500
Standard deviation = $2,500
Earning, X = $28,000
Now using the formula provided in the question for the calculation of the z - score, we have
z score = ( X - Mean ) ÷ ( Standard deviation )
on substituting the respective values, we get
z score = ( $28,000 - $32,500 ) ÷ ( $2,500 )
or
z score = -4500 ÷ $2,500
or
z - score = -1.8
