The answer is D. 100%
Markup is the amount added to the total cost of product to cover the total overheads and profit.
In markup based on selling price method, the selling price is considered as the endpoint that companies wanted to achieve, (100%) and the markup will be adjusted to cater into thaat equation.
Linear regression line y=2.1x+130 predicts sales based on the money spent on advertising.
Linear regression represents the relationship between two variables. the value of y depends on the value of x.
x represents the dollars spent in advertising and y represents the company sales in dollars.
We need to find out sales y when $150 spends on advertising.
Plug in 150 for x and find out y
y = 2.1 x + 130
y = 2.1 (150) + 130
y= 445
The company expects $445 in sales
52 weeks
365 days
7days a week
91 days divided by 7 equals
13 weeks
This is the<u> distributive property of multiplication</u> but tricky
the distributiver property says
a(b+c)=ab+ac
7=5+2
6(5+2)=(6 times 5)+(6 times 2)
