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
Nezavi [6.7K]
3 years ago
12

Solve the problem. Suppose that a merchant buys a patio set from the wholesaler for $260. At what price should the merchant mark

the patio set so that it may be offered at a discount of 25% but still give the merchant a 20% profit on his $260 investment?
Business
1 answer:
Delicious77 [7]3 years ago
7 0

Answer:

$416

Explanation:

The computation of price set by the merchant is shown below:-

We need to use the equation with the help of given information

Let us assume the price be x

x - 25% of x = $260 + 20% of $260

x - 0.25 x = $260 + 0.20 × $260

x - 0.25 x = $260 + $52 ..... (i) equ

Now we will solve the equation of x

(1 - 0.25)x = $312

0.75x = $312

x = $312 ÷ 0.75

x = $416

You might be interested in
Which of the following actions would be likely to encourage a firm's managers to make decisions that are in the best interests o
vaieri [72.5K]
I think it is grey with blue tinsel charts... 86/56
8 0
2 years ago
One goal of bankruptcy law is to encourage the continued use of credit. true or false
Mademuasel [1]
True
After bankruptsy your credit is wiped therefore in order to buy a home for example you must have a certan amount of credit so it is encourages that you build it up
4 0
3 years ago
When must you sign a deposit slip?
lesya [120]
I believe the answer is: B. <span>You only need to sign a deposit slip when receiving cash.

Deposit slip would be filled with a list of cash and cash equivalent that you give to bank teller to be added to your bank account.
Most bank provide the services which allow you to take small percentage of your deposited check in the form of cash. When doing this, you need to sign it as a form of authorization.</span><span />
4 0
3 years ago
Read 2 more answers
A local college of business offers an outstanding business school education. Cali pays the tuition to attend and earns her MBA w
GrogVix [38]

Answer:

Yes, there is marketing exchange.

Explanation:

Marketing exchange is the exchange which happens or take place when two or more people trade services or goods. In theory of marketing, each exchange is supposed to have a utility.

So, in this case, there is marketing exchange of paying the tuition fees for or against the knowledge and it directly lead to the new job of Cali.

8 0
2 years ago
A fully global organization might set up a ________ with a foreign company to create a new, independent company that produces a
Archy [21]

Answer:

A

Explanation:

8 0
3 years ago
Other questions:
  • Consider the following information from the financial statements for Rock Inc. Last Year This Year Accounts Receivable 23,535 29
    14·1 answer
  • Which two careers would have a stage as a workplace? A/V technology and the performing arts the visual arts and telecommunicatio
    11·2 answers
  • The position that is in charge of keeping track of how caucus members are planning to vote and communicating leadership position
    10·1 answer
  • A monopoly is a market for a good or service that
    12·1 answer
  • All of the following statements are true of the soup industry EXCEPT: Select one: a. There is high growth in "convenience" soup
    6·1 answer
  • If the quantity demanded for a good rises as the price falls, then the curve representing this relationship will be:
    5·1 answer
  • The payroll register of Heritage Co. indicates $3,900 of social security withheld and $975 of Medicare tax withheld on total sal
    6·1 answer
  • Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i
    9·1 answer
  • What are the management principles of henry fayol?
    5·1 answer
  • The yield on a one-year Treasury security is 4.2300%, and the two-year Treasury security has a 6.3450% yield. Assuming that the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!