The cost of the TV will be $ 315
The dollar markup of the TV will be $ 1015
<h3 /><h3>What is a markup price?</h3>
The markup is the difference in prices between the cost of producing the product or service and the price at which it is sold. Businesses must tack on a markup on top of their total expenditures in order to guarantee a profit and recoup the costs associated with producing a good or service.
The information provided is:
The selling price of the TV = is $700
The markup cost of the TV = 45% of the cost
The dollar markup cost will be
= 700 * 45%
= $315
The new cost that will be generated will be
= 700 + 315
=$1015
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Yes, the annual fuel cost is different between the Guzzler and Non-Guzzler vehicles.
<h3>What is Guzzler vehicles?</h3>
- In colloquial usage, a car that is thought to use a lot of fuel is referred to as a gas guzzler.
- The IRS was in charge of collecting the gas guzzler tax, which only applied to cars (not trucks).
- Other nations have imitated this move and implemented their own gas-guzzler taxes, such as Canada's "green levy."
- As a part of the Energy Tax Act, the US government implemented the Gas Guzzler Tax.
- When the Corporate Average Fuel Economy (CAFE) regulations were created, the fee was also implemented to charge the purchase of inefficient automobiles.
- Light trucks are not subject to the Gas Guzzler Tax; only vehicles designated as cars are.
- The tax has been in place since 1991 and is applicable to vehicles having a combined fuel economy rating of less than 17.5 mpg US (13.4 L/100 km; 21.0 mpg imp).
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Finance: accountant, loan officer. Marketing, Cargo and Freight Agent - Transportation, Distribution and Logistics.
You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relations activities in Southern Africa.
Answer:
Implied assumption of the risk
Explanation:
Implied assumption of the risk is the situation whereby the plaintiff underwent the full event with full knowledge understanding of the possible harm to him or herself and consent to the risk under those circumstances. In a baseball game, there's always a risk of the ball hitting the fans seated in the stadium. Each stadium going fan is aware of this risk and consent to it whenever the ugh choose to watch the game live from inside the stadium. Thus, the stadium would use the implied assumption of risk in winning a law suit that Racheal sues them for. Implied assumption of risk points to the fact that the individual voluntarily and knowingly assumed the risk present or associated with the activity.