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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
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What is consideration​
geniusboy [140]

Copied from google:

con·sid·er·a·tion

Dictionary result for consideration

/kənˌsidərˈāSH(ə)n/

noun

noun: consideration

   1.

   careful thought, typically over a period of time.

   "a long process involving a great deal of careful consideration"

   synonyms: thought, deliberation, reflection, contemplation, cogitation, rumination, pondering, meditation, musing, mulling, examination, inspection, scrutiny, analysis, review, discussion; More

   attention, heed, notice, regard

   "your case needs very careful consideration"

       a fact or a motive taken into account in deciding or judging something.

       plural noun: considerations

       "the idea was motivated by political considerations"

       synonyms: factor, issue, point, concern, item, matter, element, detail, aspect, facet, feature, determinant

       "his health has to be the prime consideration"

       thoughtfulness and sensitivity toward others.

       "companies should show more consideration for their employees"

       synonyms: attentiveness, considerateness, thoughtfulness, concern, care, solicitousness, solicitude, mindfulness; More

       kindness, kindliness, understanding, respect, sensitivity, tact, discretion;

       unselfishness, compassion, sympathy, charity, generosity, benevolence, friendliness

       "it's time for companies to show more consideration for their local communities"

       antonyms: disregard, thoughtlessness

   2.

   a payment or reward.

   "you can buy the books for a small consideration"

   synonyms: payment, fee, premium, remuneration, compensation, recompense, emolument, perquisite; More

3 0
3 years ago
It costs Rockport Shrimp Fisheries, Inc. $30 to catch, process, freeze, package and ship 5-pound packages of gulf shrimp. Assume
Anit [1.1K]

Answer:

=$48

Explanation:

Mark-up refers to the intended profit margin: It is selling price -cost of production.

For  Rockport Fisheries:  cost of production is $ 30

Mark -up is 60 %. i.e., profit margin equal to 60 % of cost price

Selling price= cost +mark up

  = $30 + (60/100 x100)

  =$30+$18

  =$48

4 0
3 years ago
Which business document is a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a clie
Aleonysh [2.5K]
The statement of work is <span>a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a client.
There are several things that will be written in the statement of work in order to manage the deal, such as the name of the project, the timeline for the project, the project handler, the delivery method, etc.</span>
6 0
3 years ago
Swifty Corporation issued 100000 shares of $10 par common stock for $1250000. A year later Swifty acquired 15900 shares of its o
Drupady [299]

Answer:

the journal entries should be:

Dr Cash 1,250,000

    Cr Common stock 1,000,000

    Cr Additional paid in capital 250,000

Dr Treasury stock 238,500

    Cr Cash 238,500

Dr Cash 161,500

    Cr Common stock 85,000

    Cr Additional paid in capital 76,500

4 0
3 years ago
Transactions of a company involving external sources of funding are referred to as: Investing activities. Operating activities.
Aleksandr-060686 [28]

Answer:

The correct answer is letter "C": Financing activities.

Explanation:

Financing activities refer to all funds a company obtains from outside resources of the firm to keep the business up and running or to invest in new ventures that could represent profit opportunities. By doing this, the firm acquires creditors affecting its long-run liability and equity.

5 0
3 years ago
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