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Goshia [24]
4 years ago
10

Assume markup is based on cost. Find the dollar markup and selling price for the following problem.

Business
1 answer:
uranmaximum [27]4 years ago
3 0

Answer and Explanation:

The computation of the dollar markup and the selling price is shown below

The dollar markup is

= $590 × 20%

= $118

And, the selling price

= Cost + dollar markup

= $590 + $118

= $708

hence, the same would be relevant and considered too

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Consider a firm with a marginal cost that initially decreases, but after reaching a minimum then increases with output (that is,
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Answer:

a. To produce at minimum average total cost, the firm must produce more output than it would need to produce at the minimum average variable cost.

Explanation:

The total cost of a firm minimizes when a firm produces more units. Variable cost of a firm is lower when there is more output produced. The average total cost includes the average fixed cost also for which output should be more so that total fixed cost is divided to the produced units resulting in lowest possible per unit cost.

6 0
3 years ago
When targeting customers of the consumer population to market a
Delicious77 [7]

Answer:

The correct answer is A

Explanation:

Demographics information is the term which is described as the statistical data regarding the characteristics of the population like income, age and gender.

When the data assembles regarding the ages of the people and the genders, it would be an example of the information to be assembled regarding demographics.

Therefore, when the company want to target the customers of the consumer population to the market, the kind of the segmentation will help the company is the demographic information.

4 0
4 years ago
Land costing $79,700 was sold for $90,300 cash. The gain on the sale was reported on the income statement as other revenue. On t
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Answer:

$90,300

Explanation:

As we know that the investing activities of the cash flow statement deals with the purchase and sale of the assets. The purchase of the assets represent the cash outflow and the sale of the asset represent the cash inflow

So according to the given situation the investing activities should report the sale value of the land i.e. $90,300 in a positive amount as it is a cash inflow

8 0
3 years ago
Suppose that a business incurred implicit costs of $500,000 and explicit costs of $5 million in a specific year. If the firm sol
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Answer: d.) profits were zero and its economic losses were $500,000.

Explanation:

8 0
3 years ago
Provide an example of how an international company (such as Unilever or Mondelez International) changes its distribution channel
mezya [45]

Answer:

The examples of the given circumstances are provided below.

Explanation:

<u>Interpretations of how the international corporation (including such Unilever) was indeed changing the distribution platform</u>:

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  • The corporation has a more adaptable distribution network which virtually guarantees direct services to consumers worldwide thru all the different retailers, shopping centers as well as other chain stores.

<u>Interpretations of how and why the International Corporation is changing targeted advertising</u>:

  • Unilever Advertisements have been created on the basis of the cultural values including its Country-Advertising Notifications besides Unilever impacts negatively on either the values of the people throughout order to determine if the project is uniquely equipped to address the requirements of the cultural identity as well as to raise the effectiveness of purchases.
5 0
3 years ago
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