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Ket [755]
2 years ago
13

If a casket cost $1,000.00 wholesale, and the funeral home's fixed multiple was 5, what would the selling price of that casket b

e?
Business
1 answer:
omeli [17]2 years ago
5 0

If a casket cost $1,000.00 wholesale, and the funeral home's fixed multiple was 5,  then $500  would be the selling price of that casket.

The selling price is the initial label that the salesperson puts on the product, and the asking price is the price at which the product will eventually be sold. Determine the total cost of all purchased units. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: selling price = cost + profit margin.

Companies should be able to bear all the costs of their products, pay their operating costs, and make a profit. Customers compare products based on retail prices and decide how to allocate their money. Businesses rely on selling prices to determine revenue from sales and achieve business goals.

Learn more about the selling price here: brainly.com/question/1153322

#SPJ4

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Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders?
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Answer:

The correct answer is d) Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Option D. represents two situations that perfectly describe the interest that the shareholders pursue: the maximization of the profits of the company where they have their resources invested.

The shareholder, on the other hand, is also an investor, since he contributes capital with a view to obtaining a dividend.

Its investment is said to be in equities, given that there is no contract through which the shareholder will receive fixed fees in return for his investment. Their remuneration is through two ways:

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3 years ago
Locally manufactured Bubbles is a popular brand of detergent in Germany. However, with the entry of a foreign multinational into
Licemer1 [7]

Answer:

The best way for the producer of Bubbles to differentiate itself from the foreign multinational is to create a specific market focus or niches for itself.

Explanation:

By creating a dedicated and specific market niche, the producer of bubbles have a specific target market out of the whole market whom they can influence consequently differentiating themselves from the multinationals.

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3 years ago
Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent. The maximum loan your bank can made a
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Answer:

the maximum loan could bank made as the direct result of the deposit is $1,800

Explanation:

The computation of the maximum loan could bank made as the direct result of the deposit is given below:

= Deposit amount × (1 - required reserve ratio)

= $2,000 × (1 - 0.10)

= $2,000 × 0.90

= $1,800

hence, the maximum loan could bank made as the direct result of the deposit is $1,800

7 0
3 years ago
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3 years ago
Governments often set price floors in an effort to protect:
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Answer:

B) Producers from low market prices

Explanation:

Price floors are usually used in order to ensure that the market price of a commodity does not fall below a level that would threaten the financial existence of producers of the commodity.

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