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3 years ago

A wool suit, discounted by 60 % for a clearance sale, has a price tag of $ 620. What was the suit's original price?

Business

1 answer:

never [62]3 years ago

6 0

Answer:

$1,550

Explanation:

Given that

Price tag = $620

Discount percentage = 60%

By taking the information,

The computation of the suit original price equal to

= Price tag ÷ (1 - discount percentage)

= $620 ÷ (1 - 0.60)

= $620 ÷ 0.40

= $1,550

Therefore, the suit original price is $1,550 after considering the discount percentage and the price tag.

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to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$,

Marianna [84]

Answer:

the insurance cost is $410

Explanation:

The computation of the insurance cost is shown below:

Given that

The exporter charged 5 by2% of the value of the goods for insured the goods

And, the goods are valued at $16,400

So the insurance cost is

= $16,400 × 5 ÷ 2%

= $16,400 × 2.5%

= $410

hence, the insurance cost is $410

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2 years ago

What is operating leverage, and how does it affect a firm's business risk?a. Show the operating break-even point if a company ha

raketka [301]

Answer:

$10

Explanation:

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3 years ago

When Managing the Sales force you must:

storchak [24]

Answer:

Right option is A

Social Gatherings, Family Outing, Evaluating

Explanation:

An integral part of the success of a marketing strategy is sales force management. Sales force management consists of the following actions: -

1)Recruiting is the center of effective sales. One approach to choosing is to ask the customer what characteristics he is looking for in a sales representative. Companies are developing a selection process where behavioral and managerial skills are tested.

2)Training is important to stay ahead of the competition. The sales department must undergo training before entering the market, as well as training at different stages of the product life cycle.

3)Sales supervision is determined by the product portfolio profile. General control is conducted in relation to sellers dealing with potential customers. Another observation is related to effective time management from preparing a client’s call to closing a deal.

4)Motivation is a key aspect of sales force management. Here, compensation plays an important role in increasing motivation. Compensation may be awarded based on a sales quota. Other motivational tools are social gatherings and family walks or outings.

5)Evaluation is essential for managing your sales team. Sales reports submitted by the sales department provide a good starting point for evaluations.

8 0

3 years ago

The Acme Aircraft Seat Company produces aircraft seats and is able to assemble 2 seats in 30 minutes using four workers. The sin

Varvara68 [4.7K]

Answer:

The single-factor productivity of the firm is 1 seat per labor hour.

Explanation:

The Single-factor productivity means the output when a unit of input is used. It is used to identify how many resources are used to produce a unit output.

The Acme Aircraft produce 1 aircraft seat per labor hour.

The single-factor productivity is calculated by formula :

Output/Input

No. of seats produced / ( No. of workers * Hours worked )

Single Factor Productivity = 2 Seats / 4 workers * 0.5 (30/60) hours

5 0

3 years ago

Prepare a classified balance sheet. Assume that $13,600 of the note payable will be paid in 2023.The following items are taken f

Aliun [14]

Answer:

A) See attached file for Balance Sheet

B) Current ratio = 1.26

C) Debt to Asset ratio = 18%

The Current ratio tells us that the company has 1.26 dollars of current assets to cover 1 dollar of current debt. That is a good thing, but to know if it´s enough covers, further information is needed. Others ratios can help to complete the picture as for example, quick ratio, assets turn over, inventory turn over, receivables turn over, etc. The debt to assets ratio. Tells us that the company owes 18% of its assets. The rest belongs to the stockholders. Again, it´s a good thing, but further information can help us to know if the company can invest in new projects, financing it with debt in a profitable way, for example, if Return on Assets is higher than debt rate.

Explanation:

B) Current ratio = Current Assets / Current Liabilities

Current ratio = 52,140 / 41,400

Current ratio = 1.26

C)Debt to Asset ratio = (Total Liabilities / Total Assets)*100

Debt to Asset ratio = (121,400 / 691,400)*100

Debt to Asset ratio = 18%

The current ratio measures a company's ability to pay short-term obligations or those due within one year, by relating current assets with current liabilities (liquidity ratio). The debt to total assets ratio shows the percentage of a company's total assets that were financed by creditors (financial ratio).

3 0

3 years ago

A wool​ suit, discounted by 60 % for a clearance​ sale, has a price tag of $ 620. What was the​ suit's original​ price?

A wool suit, discounted by 60 % for a clearance sale, has a price tag of $ 620. What was the suit's original price?