The price of the refrigerator before markup will be $325. This can be calculated by reversing the markup in the price of the refrigerator.
<h3>What is Markup?</h3>
Markup basically refers to the difference between the selling price of a good and its cost. The markup is generally expressed as a percentage and is added to the cost of the good to ensure cost cover and earn profit.
For the given question, the before markup price can be calculated as:
Given:
Makeup is the addition to the original price of a good. The after markup price can be taken as 100% + 25% = 125% of original price.
Then original price can be calculated as:
Therefore the before markup price is $325.
Learn more about markup here:
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Answer: Option E: E.Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the second, but it does suggest that the first firm is better in some areas is TRUE
Explanation:
Because one firm receives a 3.20 overall rating and another receives a 2.80 in a CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the second, but it does suggest that the first firm is better in some areas.
The former firm received such high rating most times because of pedigree or experience or winning rate which does not judge it better than the latter firm in all areas.
Answer:
Item that are neither include in M1 nor in M2 is currency held by banks
Explanation:
Central bank of united united states decided the flow of cash through the country. There are two type of money supply i.e. M1 and M2.
The M1 type money supply consist money that are more in liquid state like cash deposits etc while on the other side M2 type of supply consist of money that are less in liquid state. This type of supply consist of M1 money with market funds and deposits certificate etc.
Therefore item that are neither include in M1 nor in M2 is currency held by banks.
Answer:
E.) Projectized
Explanation:
These are the options
A. Functional
B. Balanced matrix
C. Weak matrix
D. Strong matrix
E. Projectized
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using projectized organization.
A projectized organization reffered to as a settings, where activities are arranged in form of projects or even programs and these activities are been executed, these projects are carried out by team with a project manager as their authority in which all the member of the team gives report to.
Answer:
$38,400
Explanation:
Calculation to determine what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense
Using this formula
Balance in the Allowance account adjustment = outstanding accounts receivable *Estimated uncollectible percentage
Let plug in the formula
Balance in the Allowance account adjustment= $1.28 million account receivables x 3%
Balance in the Allowance account adjustment= $38,400
Therefore what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense is $38,400
