Answer:
a. 26%
b. 28.2%
Explanation:
Consider the following formula:
Gross profit ratio = Net sales - Cost of sales / Net sales
Walgreen's 2015 gross profit ratio: (103444-76520)/103444
26.0%
Walgreen's 2014 gross profit ratio: (76392-54823)/76392
28.2%
Answer:
Reconditioning
Explanation:
Reconditioning means to "condition again" so the rabbit will demonstrate and condition the fear of the buzzer again.
Answer:
$641,455.26
Explanation:
Calculation to determine the value of your retirement plan after 40 years
First step is to determine FV Using financial calculator
N = 40*12 = 480
I = 8%/12 = .6667
PV = 0,
PMT = $150
CPT FV =$523,651.17
N = 20*12 = 240
I = 8%/12 = .6667
PV = 0
PMT = $200 ($350 - $150)
CPT FV =$117,804.08
Now let determine the value of your retirement plan after 40 years
Sum of FV =$523,651.17+$117,804.08
Sum of FV =$641,455.26
Therefore the value of your retirement plan after 40 years will be $641,455.26
Processed by the cerebral cortex only
Answer:
C : $686
Explanation:
The computation of the cash received amount is shown below:
= (Sale value of merchandise - returned merchandise) × (100 - discount rate)
= ($1,000 - $300) × (100 - 2%)
= $700 × 98%
= $686
Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.
