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ale4655 [162]
3 years ago
10

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

Business
1 answer:
erma4kov [3.2K]3 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

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trapecia [35]

Answer:

Stock price = $74.26

Explanation:

<em>The value of a share can be determined using the price earning ratio model. According to this model, the price of a share is estimated as the EPS of the company multiplied by a representative (benchmark) price- earning (P/E) ratio</em> .

The  ratio relates the price of a stock to its earning. A stock with a higher P/R indicates a high potent for growth.

Price of stock =Earnings per share( EPS) × benchmark P/E ratio  

The appropriate comparative price earnings ratio in the question has been given as 18.8 times.

DATA-

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PE- 18.8

Stock price = 3.95 ×  18.8= $74.26

Stock price = $74.26

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mixas84 [53]

Answer:

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Fixed cost remains constant in a particular financial year. In the long run,  business budgets and projections tend to change, resulting in changes to the fixed cost. In other words, in the long run, fixed costs will change. Therefore, in the long run, all costs are variable expenses.

5 0
3 years ago
A noncomissioned employee in a company, your pay rate is based on
ipn [44]
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3 years ago
It is the goal of the managers at Trevor's company to rework the production line so that it produces as many automobile parts as
raketka [301]

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5 0
3 years ago
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