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
Anon25 [30]
3 years ago
13

It costs Rockport Shrimp Fisheries, Inc. $30 to catch, process, freeze, package and ship 5-pound packages of gulf shrimp. Assume

that it applies a 60 percent markup on its cost of its shrimp products. This means that the company will charge customers ________for each 5-pound package.a) $40 b) $48 c) $50 d) $54 e) $60
Business
1 answer:
Anit [1.1K]3 years ago
4 0

Answer:

=$48

Explanation:

Mark-up refers to the intended profit margin: It is selling price -cost of production.

For  Rockport Fisheries:  cost of production is $ 30

Mark -up is 60 %. i.e., profit margin equal to 60 % of cost price

Selling price= cost +mark up

  = $30 + (60/100 x100)

  =$30+$18

  =$48

You might be interested in
You have just taken out a $ 25 comma 000 car loan with a 6 % ​APR, compounded monthly. The loan is for five years. When you make
Alex Ar [27]

Answer:

You question is missing some data.so i am adding a sample question matching the above conditions.i hope it will help.

You have just taken out a $15,000 car loan with a 8% APR compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go towards the interest? (Dont round intermediate steps to six decimal places)

Round answers to nearest cent

Explanation:

Please find attached file for complete answer solution and explanation of same question.

6 0
3 years ago
Ten rational numbers between 4 and - 4​
mote1985 [20]
3, 3.5, -2, 3.7, -1, 0, 2, -3, -2.7, -1.34
6 0
3 years ago
The three basic questions in Economics are all of these, except _____________________.
nata0808 [166]
The three basic questions in Economics are all of these,except When to produce
4 0
3 years ago
Read 2 more answers
The following is an estimated demand function:
Tanzania [10]

Answer:

The predicted value of sales is $75,037,500.

Explanation:

Given:

Q = 875 + 6XA + 15Y - 5P ……………………..(1)

Where:

Q = quantity sold = ?

XA = Advertising = $100,000

Y = Income = $10,000

P = Price = $100

Substituting the values into equation (1), we have:

Q = 875 + (6 * 100,000) + (15 * 10,000) - (5 * 100)

Q = 750,375

Therefore, we have:

Predicted value of sales = Q * P = 750,375 * $100 = $75,037,500

Therefore, the predicted value of sales is $75,037,500.

3 0
3 years ago
When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
4 years ago
Other questions:
  • RISK vs. Return Math Quiz
    15·1 answer
  • On March​ 1, 2018, Vintage Services issued an​ 8% long-term notes payable for​ $22,000. It is payable over a​ 16-year term in​ $
    11·1 answer
  • What is an engineers primary consideration, according to the NSPE's code of ethics?
    12·1 answer
  • Privack Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours
    13·1 answer
  • A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in
    15·1 answer
  • Which item(s) are tax deductible for consumers who are buying or renting a home?
    9·2 answers
  • What are the most important lessons you have learned about being a smart and savvy consumer?
    7·1 answer
  • Net exports equal
    9·1 answer
  • When you seek to define an issue, you should try to frame it in positive terms.
    13·1 answer
  • Ordinarily, which is the most significant audit objective and primary risk area for auditors in the examination of accounts paya
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!