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
Which of the following is a characteristic of the 529 plan that makes it different from the Coverdell Education Saving Account?
BARSIC [14]
A: There is no age limit for disbursement of funds
3 0
3 years ago
Read 2 more answers
A share of preferred stock currently sells for $120. it offers the investor a dividend rate of 8%, on a par value of $100. if th
victus00 [196]
Dividend per share= 8% of 100 = 8
for 500 share its 8 multiply by 500 = 4000
Normally the annual dividend amount is stated as a percentage of the par value, which is the original asking price of the stock


((dividend yields: Yield is the effective interest rate you receive if you buy shares of the preferred stock.
The yield is equal to the annual dividend divided by the current price.
in this case
dividend yield is 8 divided by 120
answer= 0.067= 6.7%))
4 0
3 years ago
The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th
xxMikexx [17]

Answer:

The correct answer is Option D.

Explanation:

Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.

Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.

It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.

7 0
3 years ago
the 5 basic marketing strategies are called the 5 p's. another name for these strategies is ________.
MatroZZZ [7]
I believe it's the marketing mix?
6 0
3 years ago
In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat
otez555 [7]

Increased competition.

Answer: Option 3.

<u>Explanation:</u>

Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.

In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.

5 0
3 years ago
Other questions:
  • A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate &lt;$
    8·1 answer
  • What would be the cash balance in the general ledger if a credit of $2,000 is posted to the cash account that had a beginning ba
    13·1 answer
  • Bennett is a software engineer who starts his own website development firm. His friend, Callie, is the owner of a store that sel
    6·1 answer
  • How do you pay back an auto loan?
    11·1 answer
  • Gabi is visiting a new city for work and wants to get breakfast before she walks to the office. Since she is unfamiliar with the
    14·1 answer
  • The booking agent for Moser Midway Rides walked into the management office for the Ohio State Fair and said, "The average family
    12·1 answer
  • Roger's Meat Market is a chain of retail stores that limits its sales to fresh-cut meats. The stores have been very profitable i
    6·1 answer
  • A company paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. The property included land appraised a
    9·1 answer
  • Marigold Corp. bought a machine on January 1, 2011 for $806000. The machine had an expected life of 20 years and was expected to
    12·1 answer
  • What is a keogh plan?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!