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
vladimir1956 [14]
3 years ago
9

The cost of to a retailer of a ski patrol backpack used in emergency situations is $84.96. The retailer uses a markup of 40% bas

ed on cost. Find the selling price.
Business
1 answer:
Varvara68 [4.7K]3 years ago
3 0

<u>Answer:</u>

118.94

<u>Explanation:</u>

Markup Price is the price which is marked above the cost price. It may be different from selling price if any discount is offered to the customer on the marked price, and it may be same if there is no discount offered to the customer.

Cost Price = $84.96

Markup Price = 40% above cost price = 84.96×(1+(40/100)) = 84.96 × 1.4 = 118.94

Selling Price = Markup Price × (1 - ((Discount %)/100))

Assuming no discount is offered to customer, Selling Price = Markup Price, and hence Selling Price = 118.94

You might be interested in
All of the following are tests for determining qualifying child status except the ______.A. gross income testB. age testC. suppo
Viktor [21]

Answer:

a. gross income test

Explanation:

because quailfying children must pass the relationship, age support, residence tests.However,there is no requirement relating to gross income for purposes of the qualifying child test.

4 0
3 years ago
Beans Coffee &amp; Cocoa Company makes and sells a chocolate flavored coffee drink under the name "CoCoCafe." Darkroast Java, In
SSSSS [86.1K]

<u>Full question:</u>

Coffee & Cocoa Company makes and sells a chocolate-flavored coffee drink under the name "CoCoCafe." Darkroast Java, Inc., later markets a similar tasting drink under the name "KoKoKafe."

This is most likely:

a. copyright infringement.

b. patent infringement.

c. trademark infringement.

d. a theft of trade secrets.

<u>Answer:</u>

This is most likely:  trademark infringement.

<u>Explanation:</u>

Trademark infringement is described as the illegal practice of a trademark or service impression. This exercise can be in contact with goods or services and may commence to distraction, fraud, or a disagreement about the original company a commodity or service developed from.

Trademark proprietors can hunt proper action if they consider their marks are being transgressed. . If infringement of a trademark is fixed, a court procedure can stop a party from using the emblem, and the master may be granted financial relief.

3 0
3 years ago
Sanibel Autos Inc. merged with its competitor Vroom Autos Inc. This allowed Sanibel Autos to use its technological competencies
Nimfa-mama [501]

Answer:

Horizontal integration

Explanation:

Integration is a strategy used by businesses to gain a better market share. It involves cooperating with other business owners to increase sales for both parties.

Horizontal integration is when businesses bate the same level in the value chain collaborate to increase profits.

In the give scenario Sanibel Autos Inc. merged with its competitor Vroom Autos Inc, and Sanibel Autos to use its technological competencies along with Vroom Autos' marketing capabilities to capture a larger market share.

The stage of value chain is when businesses prospect for customers. This interpretation enables them gain more customers.

8 0
3 years ago
When a union bargains successfully with employers resulting in increased total compensation, both the quantity of labor supplied
34kurt

ANSWER – FALSE

 

When a union bargains successfully with employers, resulting in increment in total compensation, both the quantity of labor supplied and the quantity of labor demanded doesn’t increase, rather, the quantity of labor supplied increases and the quantity of labor demanded decreases.

8 0
3 years ago
A consumer downloads 4 movies and 3 apps per week. Suppose the price is $4 per movie and $4 per app, and the marginal utility th
maks197457 [2]

Marginal utility will be calculated for movies by: 14/(4*4) which would mean 0.875 utils per dollar per movie. Whereas, for apps, it would be: 8/(3*4) which would mean utils per dollar per app to be 0.667. Hence, movies tend to carry higher utility.

8 0
4 years ago
Other questions:
  • All of the following components are commonly found in rental housing agreements EXCEPT:
    8·2 answers
  • Business transactions completed hannah venedict during september are follows. using transactions, record journal entries, create
    13·1 answer
  • Which of the following is not characteristic of the typical limited liability company? Death of a member (owner) causes it to di
    15·1 answer
  • If the real output is at a near maximum level, which of the following should be considered?
    5·1 answer
  • Cost of goods available for sale is computed by adding: a) purchases to beginning inventory.b) beginning inventory to the cost o
    11·1 answer
  • Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause uni
    7·1 answer
  • Exeter Enterprise Inc. reported net sales of $250 million last year and generated a net income of $55.00 million. Last year’s ac
    13·1 answer
  • Aggregate supply (AS) in the short run denotes the relationship between the __________________ that firms choose to produce and
    15·1 answer
  • Which of the following will be accomplished by efficient allocations of the factors of production?
    10·2 answers
  • Employers often look for workers with knowledge in a particular field that
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!