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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

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Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in uni
Soloha48 [4]

Answer:

Option (a) : 505,400 units

Explanation:

As per the data given in the question,

Budget sale units = 531,000

Ending inventory of finished goods = 66,200

Beginning inventory of finished goods = 91,800

Budgeted production unit = 531,000 + 66200 - 91,800

=  505,400

So, The number of units it would have to manufacture during the year is 505,400 units.

Hence, option (a) is correct answer.

3 0
3 years ago
Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa
denpristay [2]

Answer:

The correct option is C that is $120,000

Explanation:

The amount of dividends received deductions grounded on the percentage of the ownership through the corporate shareholder. The copper corporation owns 65% of the Bronze corporation. So, the copper qualify for the 80% deduction or amount of $120,000.

In this case, 80% deduction would be:

= $150,000 × 80%

= $120,000

So, the amount of deduction is $120,000.

5 0
3 years ago
Jill Bower purchased 340 shares of stock for $26 a share and sold it for $32 a share. The commissions required to buy and sell h
Elina [12.6K]

Answer:

$8680

Explanation:

Given: Quantity of share purchased = 340 shares.

           Purchased price= $26 per share.

           Selling price= $32 per share.

           Commission paid for each transaction= $160.

Now, computing to find the total investment on the purchase of the stock.

Total investment= (Purchase\ price \times\ quantity\ purchased) - Commission\ paid

⇒ Total investment=  (\$ 26\times 340) - \$ 160

⇒ Total investment= \$ 8840 - \$ 160

∴ Total investment=  \$ 8680

Hence, total investment on the purchase of the stock is $8680.

7 0
3 years ago
Which of the following terms refers to the study of how organizations function and how they affect and are affected by the envir
Alborosie

Answer:

d. Organizational environment

Explanation:

Indeed, organizational environmental studies how a particular organization is affected by it's operating environment, and how the organization functions under that environment.

Note also that the organizational environment is further divided into:

- the internal environment and

- the external environment

Put simply, the internal environment consist of factors that affect the organization from within; which are controllable. However, the external environment consist of factors such as political instability, etc that can affect the organization and beyond the control of the organization.

7 0
2 years ago
Select the correct answer.
djverab [1.8K]

Answer:

plan 1

Explanation:

6 0
3 years ago
Read 2 more answers
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