The price of the refrigerator before markup will be $325. This can be calculated by reversing the markup in the price of the refrigerator.
<h3>What is Markup?</h3>
Markup basically refers to the difference between the selling price of a good and its cost. The markup is generally expressed as a percentage and is added to the cost of the good to ensure cost cover and earn profit.
For the given question, the before markup price can be calculated as:
Given:
Makeup is the addition to the original price of a good. The after markup price can be taken as 100% + 25% = 125% of original price.
Then original price can be calculated as:
Therefore the before markup price is $325.
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Answer:
Inbound logistics ➞ Operations ➞ Outbound logistics
Explanation:
Multiple Choices are
Inbound logistics ➞ Operations ➞ Service
Inbound logistics ➞ Operations ➞ Marketing and Sales
Inbound logistics ➞ Outbound logistics ➞ Marketing and Sales
Inbound logistics ➞ Operations ➞ Outbound logistics
A value chain is an order of activities that a business perform to deliver a valuable good or service to the market. The correct order for the Value chain process is go through Inbound logistics to Operations to Outbound logistics to Marketing and Sales to Service.
So, the correct order according to value chain is Inbound logistics ➞ Operations ➞ Outbound logistics
Answer:
A. The Worker Adjustment and Retraining Notification Act
Explanation:
As the Scooter Store notified its employees at 5pm on Friday that it is laying off two-thirds of its workforce as of today and told them not to come in on Monday. It failed to provided advance notice to anyone and in doing so likely violated the Worker Adjustment and Retraining Notification Act 1988 where workers are required to be provide with the 60 day notification in advance if the organization does not want their services any more. But here in this case the Scooter Store has totally violation this act by not providing them with the advance notice.
Answer:
(i) $940 billion
(ii) $380 billion
(iii) -$80 billion
(iv) $300 billion
Explanation:
Income, Y = $1,500 billion
Government spending, G = $260 billion
Taxes, T = $180 billion,
Investment spending, I = $300 billion
As Y = C + G + I
Consumption spending, C = $1,500 - $260 - $300
= $940 billion
Private savings = Y - T - C
= $1,500 - $180 - $940
= $380 billion
Public saving = T - G
= $180 - $260
= -$80 billion
National saving = private + public
= $380 - $80
= $300 billion
