The Benz C300 markup should be $15525. The markup price for the new Toyota Highland should be $43470
Step-by-step explanation:
For the used Benz C300
Initial price $12,000
Apply import duty for Nigeria which is 25%, which is similar to increasing the price by 25%
100% +25%=125%
12000*125/100 = $15000
Apply the 15% profit
100%+15%=115%
15000*115/100 =$17250
Apply the 10% discount, reducing the price by 10%
100%-10%=90%
17250*90/100 =$15525
The Benz C300 markup should be $15525
For the Toyota Highlander
Initial price = $30,000
Apply import duty for Nigeria for new cars, which is 40%, which is similar to increasing the car price by 40%
100%+40%=140%
30,000*140/100 =$42000
Apply the 15% profit
15%+100%=115%
115/100*42000 =$48300
Apply the 10% discount
100%-10%=90%
48300*90/100=$43470
The markup price for the new Toyota Highland should be $43470
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Percentage increase and decrease :brainly.com/question/11537235
Keywords : cars, import duty, cost, minimum profit, discount, reseller
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Answer:(c). No. Both variables must be quantativite
Step-by-step explanation:
Both variables must be quantitative because we can calculate Pearson correlation if they are both quantitative
Answer:
4. A
5. C
Step-by-step explanation:
A function is a relation from a set of inputs to a set of possible outputs where <u>each input is related to exactly one output</u>. Hope this helps
V=L*W*H
Hope this helps!
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The semi-annual net cash flow that the company must achieve in order for the purchase to be made is $5041.
<h3>How to calculate the cash flow?</h3>
Maximum amount that can be invested = $32348.
Less: Present value of salvage value = $5927
Present value of cash inflow = $32348 - $5927 = $26421.
Net cash flow will be:
= $26421 / PV factor
= $26421/5.242
= $5041
In conclusion, the correct option is $5041.
Learn more about cash flow on:
brainly.com/question/735261
