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3 years ago

Candice bought a shipment of jeans to sell at her store for $20 each. She'd

Business

1 answer:

rusak2 [61]3 years ago

6 0

Answer:

D. $28

Explanation:

Given the following data;

Cost price = $20

Markup = 40%

To find the selling price;

Markup price = 40/100 * 20

Markup price = 800/100

Markup price = $8

Next, we would add the markup to the cost price;

Selling price = markup price + cost price

Selling price = 8 + 20

Selling price = $28

Therefore, the price of each pair of jeans is $28.

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The downward-sloping demand curve of a monopolistic competitor Multiple Choice A. reflects product differentiation.

True [87]

Answer: The answer is A. Reflects product differentiation.

Explanation: In a monopolistic competition, companies offer products that are not equal. This product differentiation gives companies power in the market and causes each company to face a demand curve with a downward slope (if it raises the price of its product it will sell less and if it lowers it will sell more). Unlike a perfect competition market where companies face a horizontal demand curve.

8 0

4 years ago

Your firm invested $2,500,000 in 190-day commercial paper today. At the end of the investment period (in 190 days) the firm will

Elena L [17]

Answer:

3.70%

Explanation:

Data given in the question

Invested amount = $2,500,000

Received amount = $2,592,400

Number of days of commercial paper = 190

So, the holding period rate of return is

= (Received amount - invested amount) ÷ (Invested amount)

= ($2,592,400 - $2,500,000) ÷ ($2,500,000)

= ($92,400) ÷ ($2,500,000)

= 3.70%

It could be expressed in percentage only

3 0

4 years ago

Northeast Baptist buys $500,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers NE

Vladimir79 [104]

Answer:

a) 10,000 free trade credit

b) Costly trade 6.466,67

c) yearly cost 38,800

d) Yes as the total cash outflow to purchase the goods is lower using costly trade

e) The complete amount as it reduces the cashflow needed for the acquisition of the goods

Explanation:

principal x rate x time = interest

Where rate and time should be expressed in the same metric thus, we express the 60 days as portion of a year

500,000 x 0.12 x 60/360 = 10,000 free trade credit

costly trade:

500,000 x 0.97 = 485,000

485,000 x 0.12 x 40/360 = 6.466,67

cost per year: the cicle repeats every 60 days thus, 6 times per year:

6,466.67 x 6 = 38.800‬

total financial outflow:

with free credit: 500,000

with costly trade: 485,000 + 6,466.67 = 491.466,67‬

As the costly trade generated a lower cash flow it should take this path

8 0

3 years ago

Chemtec is undertaking a project that will require an upfront investment today in net working capital, and plant and equipment (

almond37 [142]

Answer:

-$300 million

Explanation:

Change in net working capital (CNWC) = $100 million

Capital Expenditures (CE) = $200 million

Assuming no depreciation expenses, the free cash flow (FCF) is given by:

$FCF = EBIT*(1-tax) - CNEC - CE$

Since no revenues are expected until the next year, EBIT = 0.

$FCF = - \$100 -\$200\\FCF = - \$300\ million$

The project's free cash flow today is -$300 million.

3 0

3 years ago

What is the current standard used in law enforcement for compressing fingerprint images?

Marta_Voda [28]

Wavelet Scalar Quantization It is the standard developed by the FBI, Los Alamos National Laboratory, and the NIST and is used by most law enforcement agencies for the transmission and storage of fingerprints.

8 0

3 years ago