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
Sliva [168]
4 years ago
11

Gibson instruments is planning to produce and market a new line of guitars. the current market price for similar guitars is $1,2

00, and gibson would like to make a 30% profit on cost. what should gibson’s target cost be?
Business
1 answer:
Pachacha [2.7K]4 years ago
7 0
Given:
Current market price of similar guitar 1,200
30% profit on cost.

Sales :   130%
Cost  : <u>- 100%</u>
Profit :   30%

This means that $1,200 is 130% of cost. 

$1,200 / 1.3 = $923.10

Gibson's target cost should be $923.10 to make a 30% profit on cost.
You might be interested in
Complete the sentence.<br> Citations may cause your __________________ to increase.
jeka94
Citations may cause your TAXES to increase. Taxes is your answer. Hope it helps and mark as brainliest. BTW i LOVE the profile pic! Its pikachu!!!
6 0
3 years ago
Read 2 more answers
Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.
Yuki888 [10]
Answer: Decrease your take-home pay and decrease your federal income taxes in the current year. A 401k allows you to deduct earnings from your current income, and put that money in an account that cannot be opened until around retirement. The money put into a 401k, and the returns earned on that money through interest or investments, is not taxed as income until you take it out after retirement. This means that, when you put some of your earnings in a 401k, your take-home pay is lower for that year (you can't spend that money) and your income tax is reduced. 
3 0
3 years ago
Which is an Internet service<br><br> A. Antivirus <br> B. Chat<br> C. Firewall <br> D. Router
djverab [1.8K]

Answer:

B. Chat

Explanation:

A. Antivirus is a program that runs on your computer and prevents it from being infected by stuff encountered on the Internet.

B. Chat is a messaging service that uses the Internet to work.  It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.

C. A Firewall is another form of protection from the Internet, it blocks certain communications, but a firewall is not a service and it's not Internet-based.

D. Router is a machine that directs traffic between computers, not a service.

8 0
3 years ago
Read 2 more answers
When a classified balance sheet is prepared, merchandise inventory is:
adell [148]

Answer:

The correct answer is (C) Reported as a current asset.

Explanation:

The current asset, also called a current or liquid asset, is the asset of a company that can become liquid (become money) in less than twelve months. For example, bank money, stocks, and financial investments.

We can also understand the current asset as all those resources that are necessary to carry out the day-to-day activities of the company. It is known as current because it is a type of asset that is in continuous movement, can be sold, used, converted into liquid money or delivered as payment without too much difficulty.

8 0
3 years ago
What two steps can you take to help correct this? UC is having issues using Informatica Cloud Louder to export +10MOrder records
Ilia_Sergeevich [38]

Answer:

b, c

<u>Explanation</u>:

Remember, the number of order is quite large over 10 million. Therefore, the best step to carry out is

1. Export in multiple batches: This implies that instead of trying to export the whole batch at once, which might not be possible it is best to export in fewer batches.

2. Use PK Chunking: This method involves the use of an <em>automated system</em> that reduces large orders into smaller chunks.

7 0
3 years ago
Other questions:
  • What low-cost labor did white planters hope to use to regain their wealth?
    9·1 answer
  • Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. in​ response, the demand for their ban
    14·1 answer
  • Powell Company began the Year 3 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retain
    14·1 answer
  • Difference between horticulture and floriculture
    14·2 answers
  • Katya is developing a business message about a green initiative that her company is hoping to launch. In the process of creating
    10·1 answer
  • Tammy, a resident of Virginia, is considering purchasing a North Carolina bond that yields 4.6% before tax. She is in the 35% Fe
    6·1 answer
  • Wetzel Company has the following accounts and balances at the end of the fiscal​ year: Long−Term Notes Payable ​$150,000 Account
    11·1 answer
  • Wich type of promotion happens in informal conversations?
    10·1 answer
  • Review the powers of and limits to taxation in the United States. How does the constitution limit federal and state powers of ta
    11·1 answer
  • How could the federal reserve system help guard the u.s. economy against economic instability
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!