Answer:
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Explanation:
Answer:
try getting a job like a restaurant or ice cream shop or try stuff like art or food and sell it:)
Answer:
what is the net realizable value of accounts receivable at the end of the year?
options: 217,000
Explanation:
Credit sales_______1000000
Cash Collections__ _1050000
Account Receivable__250000
Allowance begining___25000
Bad debt expense ____8000
Net realizable value__217000
Answer: Services to consumers.
Explanation:
The physical store is more beneficial to meet the needs of the customers to obtain the sports gear. The store is more effective in maintaining the relationship quality between consumers and Evo. Utilitarian values are maintained by shopping at the physical store instead of shopping online. Thus, e-commerce or web-based business proved to be ineffective at delivering services to consumers.
Answer:Please refer to the explanation section
Explanation:
The questions is incomplete, the events that were experienced by the company during the two year are missing in the question. we will assume these events took place in order to illustrate through journal entries how transactions and events affect the account balances mentioned in the question.
1. Knoll Company issued 100 shares at a price of $5 per share.
2. Knoll Company purchased supplies costing $250 cash
3 Knoll Company Purchased inventory costing $ 600 cash
journal entries
Dr Bank 500
Cr Shareholders equity 500
Dr Supplies 250
Cr Bank 250
Dr Inventory 300
Cr Bank 300
Balances at the end of year 2
Cash Account = 500 + 500 - 250 - 300 = $450
Supplies = 500 + 250 = $750
Equity = 1000 + 500 = $1500