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Alinara [238K]
3 years ago
15

Formulas for comparing sale ties and buying power in a city

Business
1 answer:
Amiraneli [1.4K]3 years ago
4 0

Answer:

Buying Power = Cash / Initial Margin Percentage

Explanation:

Buying power represents the actual will of the consumer to purchase goods. It is the sum of money which is available to the consumer in a city for purchase of goods and services. The consumer utility can be driven by purchasing power. It determines the ability of the people in a city or country to invest in the country's Gross Domestic Product.

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dangina [55]

Grand Total + Total Bill Subtotal Sales Tax (7.9%)

Total Tip (20%)

Each Pays + Sales tax of 7.9% towards $80.00 is $6.32

A tip of 20% towards $86.32 is $17.26

does this help?

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3 years ago
Often consumers base their perception of price on what they perceive to be the customary or ________.
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Based on other stores, and what their prices are too
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faltersainse [42]

Answer: 22; 7

Explanation;

A Recession refers to the economy of a country contracting for at least 2 quarters.

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5 0
3 years ago
A market research study of soft drink consumption and distribution in Hungary commissioned by an American company indicated that
Nutka1998 [239]

Answer:

comparability of data

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7 0
2 years ago
The entry to record the receipt of payment within the discount period on a sale of $1500 with terms of 2/9, n/30 will include a:
nikdorinn [45]

Answer:

B) credit to Accounts Receivable for $1500.

Explanation:

The journal entry to record the given transaction is as follows

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While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset

4 0
3 years ago
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