1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergey [27]
3 years ago
8

A dealer bought an item for $7, sold it for $8, bought it back for $9, and sold it for $10. how much profit did she make?

Business
1 answer:
SOVA2 [1]3 years ago
8 0
First spent $7 on the item that will be - 7 
Got $8 when he sold it so + 8
 Bought the item for $9, so - 9
 Again sold it for 10 make it + 10
 Final profit will be P = - 7 + 8 - 9 + 10
 Profit = $2
You might be interested in
It costs Sheridan Company $28 of variable costs and $17 of allocated fixed costs to produce an industrial trash can that sells f
Mashutka [201]

Answer:

Option (C) is correct.

Explanation:

Variable costs = $28

Allocated fixed costs = $17

Selling price = $84

Due to acceptance of M offer, S would be got excess contribution margin per unit. Because acceptance selling price ($34) is greater than the variable cost per unit ($28).

We don't have any information about the fixed cost due to acceptance. Therefore, we assumed that fixed cost is not increased.

Increased contribution margin per unit:

= Selling price - Variable cost

= $34 - $28

= $6

For 3,000 units, Increased contribution margin = 3,000 × $6

                                                                               = $18,000

Therefore, net income is increased by $18,000 when the offer is accepted.

6 0
3 years ago
As the workforce becomes more diverse, why does performance appraisal become a more difficult process?
Olenka [21]

Answer:

Performance appraisal in a company with diverse workforce becomes difficult because of some cultural biases that may exist between the manager, who is doing the appraisal, and the diverse workforce.  This problem becomes more acute if the manager is culturally biased and discriminatory by practise.

Explanation:

Company A can have a diverse workforce if it is made up of employees from culturally different places working together in the same workplace.  Bias often arises due to human cultural nuisances.  This becomes more obvious where managers are from some particular cultures while the employees are from mixed cultures.  In such situations, the managers need to be retrained to enable them embrace cultural diversity in the workplace and in performance evaluation.

6 0
3 years ago
In which workplace are workers least likely to be injured by heavy equipment? a greenhouse a slaughterhouse a farm a quarry
Norma-Jean [14]
The answer is green house.
6 0
2 years ago
Read 2 more answers
The ________ statement of a business report provides a clear description of the situation that created the need for the report.
Blababa [14]

Answer:

Problem statement

Explanation:

Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.

This statement describes the current situations between the current and desired aim of the projects. it expressed the problem in two or three statements.

3 0
2 years ago
A project has an initial cost of $18,400 and is expected to produce cash inflows of $7,200, $8,900, and $7,500 over the next thr
garri49 [273]

Answer: 2.91 years

Explanation:

The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.

Please check the attached image for the table explaining how the answer was gotten.

7 0
2 years ago
Other questions:
  • If money demand shifted to the left and the Federal Reserve desired to return the interest rate to its original value, it could_
    5·1 answer
  • A(n) _______________ is either a person or medium providing consumption-related information and hired and paid by and organizati
    8·1 answer
  • The attempt to create and defend markets that satisfy the needs of consumers and business customers is the basic thrust of:
    10·1 answer
  • A free enterprise system refers to: a. Economic assets that are privately owned and exchanged in an open market. b. Property own
    9·1 answer
  • A perfectly competitive industry achieves allocative efficiency in the long run. What does allocative efficiency​ mean? A. Each
    10·1 answer
  • Cosmo contributed land with a fair market value of $332,500 and a tax basis of $138,000 to the Y Mountain partnership in exchang
    13·1 answer
  • Security A: Probability 30% of Return 7%; Probability 50% of Return 12%; Probability of 20% of Return 17%. Security B: Probabili
    7·1 answer
  • Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as: produc
    15·1 answer
  • Explain the required steps to complete a work sheet by placing the following steps in the correct order. (Put the first step at
    12·1 answer
  • Which of the following are some of the biggest perceived detriments of the performance management system?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!