Answer:
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Explanation:
<span>The statement that in most sales, sellers warrant that they have good and valid title to the goods sold is true.
</span>The buyer can sue the seller for breach of the warranty if he/she the buyer subsequently learns that the seller did not have good title to goods that were purchased.
Answer: - Find out why they didn't come back; Work on feedback; Be Creative; Maintain a good customer relationship
Explanation:
Handling businesses is a great task for any business owner or entrepreneur. When the sales no longer cone in as they do, many owners tend to quit and move on to something else, here are four ways or things owners can do to regain their loyal customers;
- Find out why they didn't come back; this can be done by carrying out a questionnaire, and sending them to the customer's.
- Work on feedback; when they respond to the questionnaire, it's time to work on what they complain about.
- Be Creative; whatever their feedback would be it'll be advisable to employ creativity to what you've been doing and do them better.
- Maintain a good customer relationship; this helps you be in the same phase with your customers.
Answer:
$2,400
Explanation:
The computation of the depreciation expense under the activity-based depreciation method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($12,000 - $4,000) ÷ (20,000 units)
= ($8,000) ÷ (20,000 units)
= $0.4 per unit
Now for the first year, it would be
= Production units in first year × depreciation per unit
= 6,000 units × $0.4
= $2,400