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
Vesnalui [34]
3 years ago
6

A furniture dealer purchased a desk for $150 and then set the selling price equal to the purchase price plus a markup that was 4

0 percent of the selling price. If the dealer sold the desk at the selling price, what was the amount of the dealer’s gross profit from the purchase and the sale of the desk?
Business
1 answer:
Degger [83]3 years ago
4 0

Answer:

$60

Explanation:

If the cost price of a item is $150 and the mark up is 40% then it follows :

$150 × 1.4 = $210

$210 - $150 = $60

We multiply by 1.4 because 1 represents the full purchase price of the desk and 0.4 represents the mark up of 40%.  

You might be interested in
Prime and Conversion Costs Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for a magazine pub
Gnesinka [82]
C is the right answer
3 0
3 years ago
Read 2 more answers
HELP ASAP PLS!!! Complete the following sentence.
Alex73 [517]
A regimen with a schedule outline or summary of class topics and assignments
5 0
3 years ago
What are the positive feedbacks for NEWS ANCHORS?
Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

4 0
3 years ago
Operations management is applicable: Question 4 options: A) mostly to the service sector. B) mostly to the manufacturing sector.
erica [24]

Answer and Explanation:

E) to all firms, whether manufacturing or service.

3 0
4 years ago
"The nature and purpose of the public sector result in a unique organizational characteristics". Discuss
alex41 [277]

The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.

The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.

Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.

3 0
4 years ago
Other questions:
  • Mitchell Corporation pays $10 million to acquire a 30 percent interest in Turner Corporation’s stock on January 1, 2020, and rep
    5·1 answer
  • What is the Consumer Price Index (CPI) and how is it determined each month? How does the Bureau of Labor Statistics (BLS) calcul
    9·1 answer
  • Kent Manufacturing produces a product that sells for $64.00 and has variable costs of $35.00 per unit. Fixed costs are $348,000.
    10·1 answer
  • Assume that Kubin Company produced 30,750 units and expects to sell 30,390 of them. If a new customer unexpectedly emerges and e
    15·2 answers
  • Raw Materials Inventory Begin. Inv. 12,400 Purchases 47,000 Avail. for use 59,400 DM used 50,000 End. Inv. 9,400 Work in Process
    5·1 answer
  • Tamarisk Corporation purchased a truck by issuing an $118,400, 4-year, zero-interest-bearing note to Equinox Inc. The market rat
    6·1 answer
  • Two different methods of solving a produc­tion problem are under consideration. Both methods are expected to be obsolete in six
    14·1 answer
  • Billie Bradford worked for the Kentucky Department of Community Based Services (DCBS). One of Bradford’s co-workers, Lisa Stande
    9·1 answer
  • Which is an example of a long-term goal? Group of answer choices I will pay my cell phone bill on time this month. I will train
    12·1 answer
  • Ratna is preparing q presentation titled "similarities between miceo-leval and marco-lecal orientation in sociology". Which expl
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!