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
frozen [14]
3 years ago
11

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.

You might be interested in
The "market clearing price" is most closely associated with
mel-nik [20]

The market clearing price is the price that balances the amount buyers want to buy with the amount sellers want to sell. This price balances the amounts demanded and supplied. The "market clearing price" is most closely associated with market equilibrium, because it exists when a market is clear of shortage and surplus, or is in equilibrium, when the demand curve and supply curve intersect.

4 0
3 years ago
Read 2 more answers
Assume that a piece of land is currently valued at $50,000. If this piece of land is expected to appreciate at an annual rate of
Luda [366]

Answer:

The correct answer is $132,664.89.

Explanation:

According to the scenario, the given data are as follows:

Present value (PV) = $50,000

Rate of interest (r) = 5%

Time period (n) = 20 Years

So, we can calculate future value by using following formula:

Future value = PV × (1 + r)^(n)

= $50000 × ( 1 + 5% )^20

= $50000 × (1 + 0.05)^20

= $132,664.89

Hence, After 20 years land will be worth $132,664.89.

5 0
2 years ago
Customers are likely to be more price sensitive when
Murljashka [212]
They dont see the end benefit

Not 100% on this one
4 0
3 years ago
All of the following are alternative forms of institutional advertisements EXCEPT:
forsale [732]

Answer: B. Public Service

Explanation:

There are 4 alternative forms of institutional advertisements being;

  1. Competitive - These types of adverts aim to show that the product presented is better than that of the competitor by showcasing its benefits and features.
  2. Reminder - As the term implies, this advertisement is meant to remind you. Remind you of the product being offered and how it has been beneficial to you.
  3. Pioneering - This is for products that are just starting out and need to be introduced to inform the market of its existence.
  4. Advocacy - These focus on telling the audience the position a company has on an issue.

These are the four alternative forms of institutional advertisements and Public Service is not one of them.

4 0
3 years ago
Here I Sit Sofas has 7,100 shares of common stock outstanding at a price of $94 per share. There are 600 bonds that mature in 30
Zinaida [17]

Answer:

Weight of debt = 57.83 %

Explanation:

given data

number of shares =  7,100

price = $94 per share

number of bonds = 600

mature time = 30 year s

coupon rate = 6.8 percent

bonds par value = $2,000

sell = 108.5 percent

stock outstanding = 6,000 shares

stock outstanding price = $47 per share

to find out

capital structure weight of the debt

solution

first we get here Equity market value that is express as

Equity market value = number of shares × price per share

Equity market value = 7100 × $94

Equity market value = $667,400

and  

current debt value will be here as

current debt value = number of bonds × price per bond

current debt value = 600 × (1.085 × 2000)

current debt value = $1,302,000

and now Preferred stock value will be

Preferred stock value = stock outstanding × stock outstanding price

Preferred stock value = 6,000  × $47

Preferred stock value = $282000

and total capital will be as  

Total capital = Equity market value + current debt value + preferred stock value ..................1

put here value

Total capital =  $667,400 +  $1,302,000 + $282000

total capital = $2251400

so here Weight of debt will be

Weight of debt = debt value ÷ total capital ..............2

Weight of debt = \frac{1,302,000}{2251400}

Weight of debt = 0.578306

Weight of debt = 57.83 %

6 0
3 years ago
Other questions:
  • true or false: The european society in the 1400s was based on a strict social hierarchy, and few people rose above the social po
    15·1 answer
  • W gave w's age as 50 when w purchased a life policy. at the time of w's death seven years later, the company discovered w's true
    8·1 answer
  • Companies raise capital in two main ways ___________.
    15·1 answer
  • Charles, Anna, Elle, and Adam are college friends and work in New York City. Comfortable living in New York occurs at about $40,
    14·1 answer
  • The simple situation in which two parties come together and freely agree to an exchange is ethically legitimate only prima facie
    6·1 answer
  • In a perfectly competitive market, all producers sell (perfectly identical/different) goods or services. Additionally, there are
    7·1 answer
  • Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Complia
    6·1 answer
  • "Nepal has a great potentiality of operating local level Industries." Justify this statement with suitable example.​
    6·1 answer
  • Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.50 p
    11·1 answer
  • 15 $ x 140 hours a month
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!