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
Talja [164]
3 years ago
12

A store has issued two different coupons for its customers to use. One coupon gives customers $20 off their purchase price, and

the other coupon gives customers 20% off of their purchase. The store allows customers to use both coupons and choose which coupon to apply first. For this context, ignore sales tax. Let f be the function that inputs a cost (in dollars) and outputs the cost after applying the "$20 off" coupon, and let g be the function that inputs a cost (in dollars) and outputs the cost after applying the "20% off" coupon. A customer purchases an item for $130 and asks the cashier to apply the "$20 off" coupon first, followed by the "20% off" coupon. What is the cost of the item after the two coupons are applied?
Business
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

Price= $88

Explanation:

Giving the following information:

One coupon gives customers $20 off their purchase price, and the other coupon gives customers 20% off of their purchase. A customer purchases an item for $130 and asks the cashier to apply the "$20 off" coupon first, followed by the "20% off" coupon.

Price= (130-f)*(1-g)= (130-20)*(1-0.20)= $88

You might be interested in
On May 12, Bob Campbell accepted a $5,000 note in granting a time extension of a bill for goods bought by Rick Ween. Terms of th
vazorg [7]

sorry i don't know Explanation:

7 0
3 years ago
Philadelphia Company has the following information for March: Sales $450,000 Variable cost of goods sold 240,000 Fixed manufactu
Effectus [21]

Answer:

Manufacturing margin = $210,000

Contribution margin = $158,000

Operating income = $53,000

Explanation:

Requirement 1

We know,

Manufacturing margin = Sales revenue - Cost of goods sold

given,

Sales revenue = $450,000

Cost of goods sold = $240,000

Putting the values into the formula, we can get

Manufacturing margin = Sales revenue - Cost of goods sold

Manufacturing margin = $450,000 - $240,000

Manufacturing margin = $210,000

Manufacturing margin also called gross margin.

Requirement 2

Contribution margin = Sales revenue - Variable expense

Given,

Sales revenue = $450,000

Variable expense = Variable cost of goods sold + Variable selling and administrative expenses

Given,

Variable cost of goods sold = $240,000

Variable selling and administrative expenses = $52,000

Putting the values into the formula, we can get

Variable expense = $240,000 + $52,000

Or, Variable expense = $292,000

Therefore,

Contribution margin = $450,000 - $292,000

Contribution margin = $158,000

Requirement 3

Operating income = Contribution margin - Fixed expense

Given,

Contribution margin = $158,000 (From requirement 2)

Fixed expense = Fixed manufacturing costs + Fixed selling and administrating expenses.

Fixed expense = $70,000 + $35,000

Fixed expense = $105,000

Putting the values into the formula, we can get

Operating income = Contribution margin - Fixed expense

Operating income = $158,000 - $105,000

Operating income = $53,000

5 0
3 years ago
The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,219 Accounts r
emmasim [6.3K]

Answer:

The correct answer is 44.73 days or 45 days.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the day's sales uncollected by using following formula:

Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio

Where, Debtor turnover ratio = Sales ÷ Accounts receivable

= $607,500 ÷ $74,422

= 8.16

So, by putting the value, we get

Day's sales uncollected = 365 days ÷ 8.16

= 44.73 days or 45 days.

6 0
3 years ago
Importers' bank usually issues a ________ to importers in international transactions. sight draft letter of credit time draft bi
ira [324]
<span>Importers' bank usually issues a time draft to importers in international transactions.

A time draft is a form of payment guaranteed by the bank to be paid but is not paid in full until after the transaction is made. This helps insure someone is going to get paid but acts as a downpayment until the delivery is finished. These are commonly used in international trade transactions to stand as a "good credit" for the importer. </span>
6 0
3 years ago
Choose 3 to 4 companies or organizations to review their policies. How do they differ and how might they be the same. Submit the
Angelina_Jolie [31]
  • Apple
  • Starbucks
  • Godrej industries

Explanation:

Policies of Apple:

  • Innovation: Apple has given more than what we have expected.
  • Integrity: Apple has stayed true to itself and doesn't copy.
  • Originality: The reinvention of features has made Apple stand out.

Policies of Starbucks:

  • Expand its stores in the US and internationally by franchising/licensing.
  • Designing stores that convey Starbucks image and brand.
  • Expand product offerings beyond its retail stores& enter new markets.

Policies of Godrej Industries:

  • Godrej industries aims to provide innovation and quality products.
  • Commited not only to consumers but also society and environment.
  • Excellent standards of ethical behaviour.
3 0
3 years ago
Other questions:
  • Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
    14·1 answer
  • Erin works at a financial institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
    10·1 answer
  • Diversification ought to be considered when a A. D) company has run out of ways to achieve a distinctive competence in its prese
    8·1 answer
  • A regulation that puts a price cap on apartment rents leads to​ _______. a monopoly leads to​ _______.
    8·1 answer
  • In a debate on the state of the economy Senator A pointed out that the price of clothing, fruits, and computers had decreased sl
    6·1 answer
  • Three factors that must be noted about each and every pulse are
    8·1 answer
  • A company makes a product using two materials, one of which is interchangeable with a third material. The standards for producin
    14·1 answer
  • The original purpose of counties was to?​
    10·1 answer
  • Several years ago, the City of Russell issued $7 million of 6 percent serial bonds at 101. Principal payments of $350,000 are du
    9·1 answer
  • Which of the following statements best expresses how courts treat legal
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!