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nikdorinn [45]
3 years ago
6

Jim wants to buy some new shoes. a local shoe shop has a pair for $59.95 with a 10% discount. another shop has the same pair for

$75.99 with a 25% discount. determine the amount of the lower price.
Business
1 answer:
Y_Kistochka [10]3 years ago
5 0
First option: The adjusted price of this item is 90% of the original price due to the 10% discount.
         
                   Price = ($59.95)(0.90) 
                    Price = $53.955

Second option: The adjusted price is 75% of the original price because of the discount amounting to 25% of the original price.
              
                  Price = ($75.99)(0.75)
                  Price = $56.99

Hence, the lower price is from the first choice.

Answer: $53.96
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A company with a high ratio of fixed costs:
garik1379 [7]

Answer:

The correct answer is: more likely to experience a loss when sales are down than a company with mostly variable costs.

Explanation:

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The profit formula is:

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Where  

FC=Fixed cost

VC= variable cos t

Q=produce quantity

If sales go down,  we have to pay this fixed cost even if we have no sales.  So if this Fixed cost are high ,  is most likely we are going to experience loss

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3 years ago
LO 2.1Explain how the income statement of a manufacturing company differs from the income statement of a merchandising company.
marshall27 [118]

Answer:

Revenue: The revenue of Manufacturing company comes from the sale of the products that they manufacture. However the merchandising company purchases goods from manufacturing companies and distribute them to make it easier for the customer to access the product and earn a profit on it which increases the cost of the product to end consumer. The contract between the manufacturing and merchandising company can be an agreement of principal and agent. In this case, the revenue for the merchandising company would be commission earned from manufacturing company. This commission paid to merchandising company will be cost to manufacturing company.

Cost of Sale: Now the raw material costs plus depreciation of production machinery plus direct labour plus variable Overhead cost plus if their is any commission paid for sale of finished goods will be the cost of sale for manufacturing  company. Whereas in the case of Merchandising company, the cost of sale will be only the cost of goods they sold in the year. The depreciation charge will be minor in merchandising company as they don't have any production machineries.

These the are major difference between manufacturing and merchandising company.

Explanation:

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Answer: positive

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This is the method used in order to being Jennifer back on track and.make her productive again.

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2 years ago
When people reply to formal job announcements, they are writing a(n) ______ cover letter since it is for an open position that a
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The employer gets a specific idea on the job hunter's intention and also learn that the ads or announcement reached them.
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