1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ale4655 [162]
4 years ago
10

7. Plush Furniture sells imported rosewood dining tables. The cost of one mode

Business
1 answer:
erma4kov [3.2K]4 years ago
4 0

Answer:

$877.30

Explanation:

The cost of one table is $762.87

mark-up is 15% based on the selling price

If mark-up is 15%, then selling price will be 115 % of the cost.

Cost = $762. 87

$762.87 = 100 %

115% =762.87/100 x 115

=7.6287 x 115

=877.30

selling price will $877.30

You might be interested in
The format displayed is used by Gee, Inc., for its Year 4 statement of changes in equity. When both the 100% and the 5% stock di
Nutka1998 [239]

Answer:

If company issued stock dividend then

company's retained earnings will decrease by stock dividend's market value and company's additional paid in capital will increase.

in this question 5% stock dividend declared

answer is

Additional paid in capital Retained earnings

c Increase                             Decrease

3 0
4 years ago
Read 2 more answers
_____, as a conflict management strategy, is the political equivalent of "win some, lose some" and is possible in a long-term re
Lady bird [3.3K]

Answer:

compromising

Explanation:

Compromising—when you compromise or “split the difference” in a conflict which is the political equivalent of "win some, lose some" and is possible in a long-term relationship where there is time for give-and-take exchange.

5 0
3 years ago
The journal entry to close the Fees Earned, $131, and Rent Revenue, $24, accounts during the year-end closing process would invo
Andrews [41]

Answer:

Option B is correct, revenue has the debit side. But, if the rent is an expense and not a revenue, the rent expence will be on the credit side and the fees earned will be on the debit side,so, for this case, option A will be the correct answer

Explanation:

To close the Journal entry here, with fees earned=$131 and rent revenue=$124, accounts during the year end will be closed with the fees earned account(revenue account) and the expenses are closed by transferring the amount of fees accrued or earned account and expense account to the retained earnings in order to bring the revenue accounts and the expenses accounts balance to zero.

5 0
3 years ago
1. The primary purpose of a protective put is to: A) ensure a maximum purchase price in the future. B) offset an equivalent call
Grace [21]

Answer: C) limit the downside risk of asset ownership

Explanation:

The protective put is a strategy I risk-management which is utilized by the investors in order to help prevent a loss in an asset or stock.

Protective puts helps to act as an insurance by giving protection from the decline of the price of the asset.

6 0
3 years ago
George deposited $2,000 in his bank account, which offers 5 percent compound interest calculated annually. what would be the pri
Ymorist [56]

Answer:

$2,205

Explanation:

The amount available after two years can be calculated using the formula

A= P x ( 1 + r) ^n

where A = amount

P= principal: $2000

r = interest rate : 5%, or 0.05

n = number of compound periods: 2

A= $2000 x ( 1 + 0.05)^2

A= $2000 x1.1025

A= $2,205

Principal amount after two years = $2,205

3 0
3 years ago
Read 2 more answers
Other questions:
  • The simple case of a fixed per-unit tax is indicative of more complicated ones. consider a proportional sales tax and a progress
    14·1 answer
  • Bill enters into a contract with Tom to supply 100 umbrellas at $10.00 each. The umbrellas were to be delivered on August 20th.
    13·1 answer
  • Does anyone know the group called BTS?
    12·2 answers
  • a tire shop had to fill 2 1/2 tires with air. It took a Small compressor 2 1/2 seconds to fill them up. How long would it take t
    10·1 answer
  • 51. The national government helped to finance transcontinental railroad construction in the late nineteenth century by providing
    10·1 answer
  • Government regulations allow a manufacturer of natural weight loss products to advertise:
    6·1 answer
  • he Heating Division of Kobe International produces a heating element that it sells to its customers for $45 per unit. Its variab
    13·1 answer
  • Luxura Inc. is a large cosmetics company that made an initial small investment in a start-up company, GreenDream, that was devel
    10·1 answer
  • What are the signs of high inflation?.
    5·1 answer
  • under what circumstances would it be efficient to impose a higher abatement standard for a psd region than for a non-attainment
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!