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NemiM [27]
4 years ago
14

an item selling for 46.40 was mark to obtain a gross profit of 45% on cost find the cost of this item​

Business
1 answer:
Mila [183]4 years ago
4 0

Answer:

32

Explanation:

Using Formula

Cost + (Cost*Margin) = Selling Price

Cost is not known...

Cost (1 + Margin) = Selling Price

Cost = Selling Price / 1 + Margin

Here, Margin is 0.45 of cost and selling price is 46.4

Cost = 44.4 / 1.45

Cost = 32

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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in the ratio of 3:2. Cash equals $20,000,
tester [92]

Answer:

Partner Macki will eventually receive cash of $16,000

Explanation:

Macki has a $40,000 capital balance.

Income and losses ratio for Macki is 2

Total Income and losses ratio = 2 + 3 = 5

Calculating for Macki

Cash to be received by partner Macki

= $40,000 * 2/5

= $16,000

8 0
3 years ago
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The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'
Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

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5 0
2 years ago
In the shipbuilding industry, Polish and Chinese shipyards offer simple, standard vessel types at low prices that reflect low pr
QveST [7]

In the shipbuilding industry, Polish and Chinese shipyards offer simple, standard vessel types at low prices that reflect low production costs. This represents a generic strategy related to cost focus.

<h3>What is shipbuilding?</h3>
  • Building ships and other floating vessels is known as shipbuilding.
  • Typically, a shipyard, a specialized location, is where it happens.
  • Shipwrights, another name for shipbuilders, practice a specialized trade that dates back to times before written history.
  • Naval engineering is the term used to describe both commercial and military shipbuilding and ship maintenance.
  • Boat building is a related activity that involves making boats.
<h3>What is a shipyard?</h3>
  • Ships are constructed and maintained in shipyards, sometimes known as dockyards.
  • These could include yachts, military ships, cruise ships, or other types of passenger or freight ships.
  • Compared to shipyards, which are sometimes more involved with the original construction, dockyards are sometimes more associated with maintenance and basing activities.
  • Due to the frequent role changes and mergers that have occurred as dockyards and shipyards have developed, the terms are frequently used synonymously.

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5 0
2 years ago
Holly owns a dance studio. To improve sales of dance classes, she is reviewing how her marketing team could update the company's
ASHA 777 [7]

Answer:

b. website layout

c. email marketing

Explanation:

The website layout is the layout i.e created for a website. It should be attractive to the owners and users. Moreover it should be easy to navigate it so that if anyone could access to the website he or she could easily access it without any hurdle.

The email marketing is a technique in which we can send one message to large audience in the same time. It helps in saving cost and time

According to the given situation, the online customers struggled with website navigate and to find out the contact information related to the business

So to modify and help address her customer feedback the website layout and the email marketing plays a vital role and the same is to be considered

6 0
3 years ago
Fabiola, who lives in mexico city, fills her car with gas, paying 357 pesos for 40.0 l. what is her fuel cost in dollars per gal
77julia77 [94]

Answer:

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

Step-by-step explanation:

We are given that,

Fabiola pays 357 pesos for 40 liters of fuel.

It is required to convert the amount in dollars.

Since, we know that,

1 peso = 0.0759 dollars

So, 357 pesos = 0.0759 × 357 = 27.0963 dollars

Moreover,

1 liter = 0.219969 gallons

So, 40 liters = 0.219969 × 40 = 8.79877 gallons

Thus, we get that,

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

4 0
3 years ago
Read 2 more answers
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