Percent markup based on the selling price: 28.1%
Explanation:
The cost of the TV for the seller was

Of this, the markup of this price was 39%. Therefore, the value of the markup (in dollars) with respect to the cost for the seller was

So, this was the markup relative to the cost for the seller.
The price paid by the purchaser instead is

Therefore, the percent markup based on the selling price (paid by the purchaser) is:

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Answer:
Nonprofits
Explanation:
Nonprofit business are businesses that have been granted exemption from paying tax by the federal inland revenue. They are formed for the purpose of mutual benefits and not for pursuing owners profits.
Answer:
trade barriers
tariff is on imported goods
Answer: $22500
Explanation:
The following information can be gotten from the question:
Price of equipment = $20,000
Sale tax = $2000
Maintenance cost = $2200
Shipping cost = $500
The amount that the equipment should be recorded on the balance sheet prior to recording depreciation expense will be calculated as:
Price = $20000
Add: Sales Tax = $2000
Add: Shipping & Preparation = $500
Price of the equipment before depriciation will then be:
= $20000 + $2000 + $500
= $22500
Answer:
D) return on equity will increase.
Explanation: Return on equity is a financial term that explains the net income of a business venture. There are several ways through which the return on equity can be improved or increased in business.
(1) Reduction in the cost of operations or production of goods and services
(2) increase in the price of the product etc.
If the cost of producing a given Quantity of goods is reduced with sales remaining constant,THE RETURN ON EQUITY WILL INCREASE AS A RESULT OF THE INCREASE IN NET INCOME DUE TO REDUCED COST OF OPERATIONS OR PRODUCTION OF GOODS.