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
Answer:
See explanation section
Explanation:
Municipal security from which an investor will receive a return on investment from an initial principal is called a capital appreciation bond. However, in this security, the return on investment will be reinvested further until the security matures at a specific rate. The primary purpose of the CABs is to permit the local authority to generate revenue. Due to the financing in the innovative project without increasing the tax is one of the controversial ways for local governments to finance projects. Another controversial way is to owe investors more than what they acquired.
Answer:
B
Explanation:
Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.
This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account
An invention is the name given to the development of a new good.
<h3>What an invention?</h3>
Invention refers to the process of creating something that has never been made. It is a unique or novel device, method, composition or process.
An invention uses technology to solve a specific problem hence the name given to the development of a new good.
Examples of invention includes:
- Manufacturing of Telephone.
- Manufacturing of printing press.
Therefore, the name given to the development of a new good is called invention.
Learn more about invention here : brainly.com/question/23538626