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poizon [28]
3 years ago
11

The markdown could be a dollar amount or a

Business
1 answer:
BabaBlast [244]3 years ago
4 0

Answer:

Percentage of the selling price

Explanation:

Markdown refers to a reduction in the regular selling price of an item. When a trader wants to clear some old inventory or in a sales promotion, they may reduce the regular price to attract more customers. The rate at which the price has been reduced in the markdown.

Markdown can be given in dollar amount. The seller indicates the amount of money that has been knocked off the price. Markdown can also be expressed as a percentage of the regular selling price. In such a case, the new price after the markdown has to be calculated.

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A company had average total assets of $955,000. Its gross sales were $1,108,000 and its net sales were $940,000. The company's t
Natali5045456 [20]

Answer:

It is 0.98

Explanation:

Total Assets Turnover Ratio(TATR) =   <u>   Net Sales                </u>      

                                                            Average Total Assets

Net Assets =Gross Sales-Trade discounts-Sales tax-Sales return

TATR = 940,000/955,000 = 0.98 times

It is the ratio of a company's net sales to its average assets employed.

It is a ratio that tells how efficient the company is using its assets to generate its revenue.

The drawback of this ratio is that, if the divisional manager performance is based on this, it may sometimes leads to short-term view of performance. This  may then encourage dysfunctional behaviour which may include refusal to replace an old assets with lower based value which when replace may reduce this ratio because of the higher based value of the new assets while sales still remain the same

6 0
4 years ago
According to Ken Guest's research on Chinese restaurants in the United States, the network of services, businesses, and smuggler
steposvetlana [31]

According to Ken Guest's research on Chinese restaurants in the United States, the network of services, businesses, and smugglers supporting these restaurants would MOST accurately represent the bridge element in a new migrant's pathway from China.

<h3>Who is Ken Guest?</h3>
  • God in Chinatown: Religion and Survival in New York's Evolving Immigrant Community, by Kenneth J. Guest, is a professor at Baruch College and the author of God in Chinatown.
  • Religion and Survival in New York's Evolving Immigrant Community (2003).
  • His research is primarily concerned with China, New York City, immigration, religion, and transnationalism.
  • He has undertaken research in both China and the United States.
  • According to Ken Guest's research on Chinese restaurants in the United States, the network of services, enterprises, and smugglers that support these restaurants represents the most accurate bridge factor in a new migrant's trip from China.

Therefore, according to Ken Guest's research on Chinese restaurants in the United States, the network of services, businesses, and smugglers supporting these restaurants would MOST accurately represent the bridge element in a new migrant's pathway from China.

Know more about restaurants here:

brainly.com/question/18439537

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7 0
2 years ago
The construction estimator told the storage unit owner that building another section of storage units will likely add 100 more s
Masja [62]

Answer:

a) The marginal benefit is greater than the marginal cost of additional units.

Explanation:

Cost-benefit analysis is the systematic process of wieghing various transactions based on comparism between their benefit and cost.

The rational storage business owner should compare the cost of building another section of storage units to the benefit from 100 renters.

If the additional cost is justified by the benefit then he can go ahead with the construction.

7 0
4 years ago
Read 2 more answers
Acne company has an agreement with a major credit card company that calls for cash to be:____
Elenna [48]

Acne company has an agreement with a major credit card company that calls for cash to be <u>a </u><u>variable</u><u> </u><u>cost</u>.

Variable costs are fees that change as the extent of modifications. Examples of variable charges are raw substances, piece-rate hard work, production substances, commissions, shipping fees, packaging materials, and credit card costs. In a few accounting statements, the Variable fees of manufacturing are referred to as the “cost of goods offered.”

A variable cost is a price that adjustments in share to manufacturing output or income. While manufacturing or income boom, variable expenses increase; when production or income lower, variable prices lower.

Variable value system. To calculate variable costs, multiply what it costs to make one unit of your product via the full range of merchandise you've got created. This method looks like this: overall Variable charges = value in keeping with Unit x overall variety of units.

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7 0
2 years ago
When a commercial item is procured by the government, what will the contractor provide to the government that documents the func
Kitty [74]
<span>When a commercial item is procured by the government, the contractor will provide a </span>TDP or Technical Data Package<span> to the government</span> that documents the functional, performance, and physical characteristics of their product and will assist in the development of configuration management efforts.
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3 years ago
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