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
salantis [7]
3 years ago
13

McKay Company sells lamps and they have decided that they would make the price of their lamps 30% more than what it cost the com

pany to make the lamp. So if the cost to make the lamp was $36.50 what would be the selling price of the lamp?
Business
2 answers:
julsineya [31]3 years ago
6 0
I believe the answer is $47.50
Viefleur [7K]3 years ago
6 0

Answer:

$47.45

Explanation:

Cost of the Lamp = $36.50

Proposed Selling Price = 30% of Cost of Production + Cost of Production = (30/100 X 36.50)+36.50 = 10.95+36.50 = $47.45

You might be interested in
g In translating the financial statements of a foreign subsidiary into the parent’s reporting currency under the current rate me
Usimov [2.4K]

Answer:

The translation adjustment is a function of the foreign subsidiary's net assets.

3 0
3 years ago
Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? Group
Yakvenalex [24]

Answer:

The company issues new common stock.

Explanation:

As we know that the cash balance have the debit balance so if there is increase in cash balance so the balance would remain in debit itself

In the given choices, the company issues common stock which increases the cash balance and the journal entry is as follows

Cash Dr XXXXX

      To Common stock XXXXX

(Being the common stock is issued for cash)

And, the rest transactions shows the outflow of cash

6 0
3 years ago
Biologists want to know how many fish are in a certain lake. on january 1, they removed 600 fish from the lake and tagged them.
Alenkasestr [34]
Biologists collected a random sample of 850 fish and 25 of them had been previously tagged. 850 : 25 = 34. It means that about 1/34 of all the fishes in the lake had been tagged. Therefore 600 * 34 = 20,400.
Answer: Based on this experiment, in the lake lives 20,400 fishes.
5 0
3 years ago
One method of setting price using the cost-plus method is to add
Amiraneli [1.4K]
Cost-plus pricing<span>, also known as mark-up </span>price<span>, takes place when a firm calculates its unit costs and then adds a percentage profit to determine </span>price<span>.</span>
6 0
3 years ago
With respect to market segmentation, the 80-20 principle has been applied to segmenting markets based on
never [62]

Answer:

This principle is based on the idea of Vilfredo Pareto, an Italian economist that stated 80% of the results are concentrated in 20% of the activities executed. In Business, this idea is extrapolated as 80% of results come from 20% of the clients.

Explanation:

8 0
3 years ago
Other questions:
  • To a greater or lesser degree, many governments can be considered pragmatic nationalists when it comes to foreign direct investm
    6·1 answer
  • A bond with duration of 10 years has yield to maturity of 10%. this bond's volatility is:
    13·1 answer
  • ABC Corporation raised capital through an offering of equity securities. Which component of the balance sheet has changed as a r
    14·1 answer
  • The cash coverage ratio is used to evaluate the:Liquidity of a firmSpeed at which a firm generates cashLength of time that a fir
    15·1 answer
  • Which type of soil is on the bottom? Why?
    13·1 answer
  • Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below.
    5·1 answer
  • PART TWO OF THREE
    5·1 answer
  • Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships fo
    8·1 answer
  • Carla Vista Company has the following information available for September 2020.
    10·1 answer
  • Which of the following are examples of internal communication?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!