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marissa [1.9K]
3 years ago
6

Under the retail method, in determining the cost-to-retail percentage for the current year: Multiple Choice Net markups are incl

uded. Net markdowns are excluded. Beginning inventory is excluded. All of these answer choices are correct.
Business
1 answer:
Komok [63]3 years ago
6 0

Answer: Net markups are included.

Explanation:

The retail inventory method is used to know a store's merchandise value.

Under the retail method, in determining the cost-to-retail percentage for the current year, net markups are included.

It should be noted that the net markups are applicable to net costs.

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The answer is C because i just took the test and the answer was C so put C down and i bet 100% you'll get it right
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3 years ago
You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an apr of 6.6 percent fo
Margaret [11]

Answer: The monthly payment will be $2007.81.

We have:

Cost of the sports coupe (PV)                     $84,500

Annual Percentage Rate (APR)                         6.6%

Loan tenure in months (n)                                    48

We can find the monthly payment by using the Present value of an annuity formula:

\mathbf{PV_{Annuity}= PMT * \left ( \frac{1-(1+r)^{-n}}{r} \right )}

Since APR is a yearly number, we need to convert it into a monthly rate.

So , r = \frac{0.066}{12} = 0.0055

Plugging values in the PV formula above we get,

\mathbf{84500 = PMT * \left ( \frac{1-(1+0.0055)^{-48}}{0.0055} \right )}

\mathbf{84500 = PMT * \left ( \frac{1-0.768529253}{0.0055} \right )}

\mathbf{84500 = PMT * \left ( \frac{0.231470747}{0.0055} \right )}

\mathbf{84500 = PMT * 42.08559028}

\mathbf{\frac{84500}{42.08559028}= PMT}

\mathbf{PMT = 2007.813112}



8 0
3 years ago
Sara was faced with a decision to complete a skill herself or delegate to a staff member. Watch both examples and think about yo
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Answer:

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1 year ago
Alain Mire files a single tax return and has adjusted gross income of $309,000. His net investment income is $48,000. What is th
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The lesser figure is then multiplied by 3.8% to find the tax.

Alain Mire's net Investment Income is $48,000.

His Modified adjusted gross income less the threshold of $200,000 is,

= 309,000 - 200,000

= $109,000

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5 0
3 years ago
which protects tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishi
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The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

<h3>What is catastrophic cap benefit?</h3>

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Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms  of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.

Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

Learn more about catastrophic  benefit from

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1 year ago
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