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Black_prince [1.1K]
3 years ago
10

An antiques dealer buys a grandfather clock for $200. she sets the selling price at $350. when the clock doesn't sell after two

months, she raises the price to $800 and moves the clock to her downtown store to appeal to a different market. the clock sells for $800 the next day. what is the maintained markup?
Business
1 answer:
Juli2301 [7.4K]3 years ago
8 0
Maintained markup refers to the gross profit that generated after changing the price of the product.

Maintained markup = (Original retail - Reductions)  - Cost of Goods Sold

so, the maintained markup is

($350 + $ 800) - $200

= $950
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True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.
Margarita [4]

Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

6 0
2 years ago
A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0
3 years ago
margot company purchases $100,000 face amount, 6% semi-annual bonds for $110,000 when the market interest rate is 5%. margot sho
kolbaska11 [484]

Margot company purchases $100,000 face amount, 6% semi-annual bonds for $110,000 when the market interest rate is 5%. margot should recognize the following interest revenue for the first 6-month period:

$3,000

Rationale:

$100,000 x (6% x 6/12)

The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.

The amount that a lender charges a borrower for the use of assets on top of the principal is known as the interest rate.

The money generated from a deposit account at a bank or credit union is likewise subject to an interest rate.

Simple interest is used in most mortgages. Compound interest, which is applied to both the principle and the accrued interest from earlier periods, is used in some loans, nevertheless.

The interest rate will be lower for a borrower who the lender deems to be low risk. The interest rate on a loan will be greater if it is thought to be high risk.

Learn more about interest rates here:

brainly.com/question/13324776

#SPJ4

8 0
2 years ago
On May 20, White Repair Service extended an offer of $108,000 for land that had been priced for sale at $140,000. On May 30, Whi
Masteriza [31]

Answer:

A

Explanation:

In this question, we are asked at what value should the land be recorded in White Repair services records.

Technically, the value of land is to be recorded as purchase price plus improvements.

Generally, what we mean by improvements include such fees such as attorney fees. Looking at the question, we cannot find any of the entries that speaks about payment yo an attorney or any general land issue. This means that we only record the value of the land as purchase price only.

Looking at the question, the purchase price is the accepted seller’s counter offer. This value is $115,000. Hence, it is the value at which the land would be recorded in White repair service records

8 0
4 years ago
Marathon sports equipment company projected sales of 79 comma 000 units at a unit sales price of $ 14 for the year. actual sales
pentagon [3]

Answer:

$26,000

Explanation:

The Sales volume variance can be calculated using the following formula:

Sales Volume Variance = Actual Sales ($) - Budgeted Sales ($)

Or you can also use the following formula:

Sales Volume Variance = (Actual Sales Units - Budgeted Sales Units) * Budgeted price per unit

Here

Actual Sales ($) is 77000 unit at $14 budgeted sales price per unit which means total sales in dollars was $1,078,000.

Budgeted Sales ($) is 79000 unit at $14 budgeted sales price per unit which means total budgeted sales in dollars was $1,104,000.

Sales Volume Variance = $1,078,000 - $1,104,000 = $26,000

3 0
3 years ago
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