Answer:
Option (b) 25% muc, 20% musp
Explanation:
Data provided in the question:
Selling cost of manufacturer = $5
Markup by wholesaler = 60%
Amount added by retailer = $2
Now,
Selling cost of wholesaler = $5 × (1 + Markup)
= $5 × (1 + 0.60)
= $8
thus,
Selling price of retailer = $8 + $2 = $10
Therefore,
%muc retailer = [ Amount added by retailer] ÷ [Selling price of wholesaler]
= $2 ÷ $8
= 0.25 or 25%
%musp retailer = [ Amount added by retailer] ÷ [Selling price of retailer]
= $2 ÷ $10
= 0.20 or 20%
Hence,
Option (b) 25% muc, 20% musp
Answer:
$5,600
Explanation:
The computation of the call options worth is shown below:
= (Stock selling price - strike price) × size × number of contracts purchased
= ($77 per share - $70 per share) × 100 × 8 call contracts
= $7 per share × 100 × 8 call contracts
= $5,600
We assume the size is 100
All other information which is given is not relevant. Hence, ignored it
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Answer:
The answer is:
Net purchases = $336,100
Cost of goods purchased = $352,900
Explanation:
Net purchases equals purchases minus purchase returns and allowances minus purchase discount.
Purchases = $355,300
Purchase returns = $10,200
Purchase discount = $9,000
Therefore, net purchase is:
$355,300 - $10,200 - $9,000
= $336,100
Cost of goods purchased equals net purchase plus freight in.
Freight in = $16,800
So cost of goods purchased is:
$336,100 + $16,800
=$352,900
