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
Finger [1]
3 years ago
11

Bakery a sells bread for $2 per loaf that costs $0.50 per loaf to make. bakery a gives a 70% discount for its bread at the end o

f the day. what is the salvage value of its bread?
Business
1 answer:
icang [17]3 years ago
7 0

Answer: $0.60

Price per loaf: $2

Discount given for its bread at the end of the day= 70%

Solution:

Salvage value<span> is the estimated resale value of a product at the end of its useful life. Since the useful life of the loaf is 1 day and it was sold at the end of the day at 70% off, the salvage value is  </span>

$2 × (1 - 70%)

<span>$0.60.</span>

You might be interested in
There can be many departments or just a few when _____ a business.
Cerrena [4.2K]

Answer:

it depends on the business

Explanation:

when the business is small there will be less department but if the business is big then there will be more department

4 0
2 years ago
Read 2 more answers
The determination of an exchange price acceptable to both the buyer and the seller of a product is called
antoniya [11.8K]

Answer: pricing

Explanation:

Pricing is the determination of an exchange price acceptable to both the buyer and the seller of a product.

When a seller is determining the price of a product, she considers cost of production, projected revenue, price of competitors, market condition and regulation.

A buyer would consider the quality of the product ,economic conditions and utility when deciding on the price to acquire a product.

The different types of pricing strategies are -

1. Penetration pricing - when prices are set very low to attract customers and to gain access into a market.

2. Premium pricing- when prices are set very high so that the product would appeal to certain consumers.

6 0
3 years ago
Which recent president raised taxes when the income tax share of gdp was very low?
alexira [117]

George H.W. Bush firmly said, "Read my lips: no new taxes."

He would continue to be troubled by the words. The top tax rate was increased from 28% under Ronald Reagan to 31% by the Omnibus Budget Reconciliation Act of 1990.

What is Tax??

In order to ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, tax compliance refers to both policy actions and individual behaviour. A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (A person or legal entity) is used by a government organisation to pay for government expenses and other public expenditures (regional, local, or national). Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt. Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation. Taxes can be paid in cash or in the labour equivalent and can be either direct or indirect.

To learn more about Tax

brainly.com/question/26316390

#SPJ4

7 0
2 years ago
Which type of text alignment will give your document the look of a published book?
WITCHER [35]
The text alignment is called justified
4 0
3 years ago
Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following
svetlana [45]

Answer:

It eliminated the need for fixed costs.

Explanation:

3 0
3 years ago
Other questions:
  • During the year, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit Cost Total Cost
    15·1 answer
  • Miller Manufacturing company is considering the purchase of equipment. The equipment would cost $61,445.67 and is expected to ge
    5·1 answer
  • in the camria company, materials are entered at the beginning of the process. if there is no beginning work in process, but ther
    5·1 answer
  • Are yall doing anything for summer vacation?
    10·1 answer
  • Yellow-dog contracts A. give workers the right to be represented by a union. B. give a non-union worker the right to enjoy union
    10·1 answer
  • Bill is the owner of M.E. Inc., which produces miniature internal combustion engines that are used to operate hydraulic systems
    10·1 answer
  • Given a fixed nominal interest rate on a loan, unanticipated deflation:
    9·1 answer
  • Direct Materials Variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price
    7·1 answer
  • Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costi
    6·1 answer
  • a. a marketing firm is looking for a candidate with a business degree and at least five years of work experience. multiple choic
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!