gross domestic product understates the total production of final goods and services because of the omission of

A sporting goods store is having a large sale event. Baseball bats are marked down by 42%, and hockey sticks are marked down by

Rina8888 [55]

The correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

Mark down refers to a reduction in price of an item or good. The reduction is generally done as a percentage of price of the item. The purpose behind mark down is to increase sales volume.

<h3>Calculation of reduction in price:</h3>

Given:

Markdown in price of baseball bats is 42%

Cost of baseball bats after markdown is $21.46

Markdown in price of hockey sticks is 29%

Cost of hockey sticks after markdown is $39.05

For calculating the amount of markdown, we need to find the original cost of baseball bats and hockey sticks.

Calculation of cost of baseball bats before markdown:

$\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\
\\
&=\dfrac{21.46}{100-42\%}\\
\\
&=\dfrac{21.46}{58\%}\\
\\
&=\$37\end$

Hence the markdown in price of baseball bats is $\$37-\$21.46=\$15.54$

Similarly, for hockey sticks:

$\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\\\&=\dfrac{39.05}{100-29\%}\\\\&=\dfrac{39.05}{71\%}\\\\&=\$55\end$

Markdown in the cost of hockey sticks is $\$55-\$39.05=\$15.95$ .

Difference in markdown is:

$\$15.95-\$15.54=\$0.41$

Therefore it can be concluded that markdown in cost of hockey sticks is more as compared to baseball bats by $0.41

Hence the correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

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7 0

2 years ago

In presentation mode, what happens when you switch between different worksheets?

liq [111]

Presentation mode will be maintained on the display. The presentation mode will continue to be active when switching between worksheets.

<h3>What is a presentation mode?</h3>

Users who need uninterrupted use of their software might use the presentation mode option. It assists in removing any bothersome pop-up windows, reducing CPU consumption, and preventing any disruption from antivirus operations.

<h3>How do I turn on presentation mode?</h3>

Use the shortcut keys Win + X on the keyboard. Select Mobility Center by clicking on it. To turn it on, select the Turn on button under Presentation Settings. Presentation Mode has been turned on.

<h3>What use does presentation mode serve?</h3>

In Present view, the audience may see your slides on the main screen while you control the show on a screen that is only accessible to you.

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5 0

1 year ago

_________________ are the most restrictive of the restrictions in place for the land's use.

valkas [14]

Developer's Covenants are the most restrictive of the restrictions in place for the land's use.

What developers use restrictive covenants for?

Restrictive covenants are frequently used by land developers to divide the land for residential complexes. After platting the subdivision into lots, blocks, and roadways, a property developer will put some restrictions on how the lots in the development can be used.

Do restrictive covenants expire?

Only after a covenant has been broken for at least a year without receiving any complaints is it possible to purchase restrictive covenant indemnity insurance. However, if purchased, the policy will endure forever and can frequently be transferred to new owners of the property.

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6 0

1 year ago

yusef has just finished compiling a list of potential customers and evaluating their ability, willingness, and authority to buy.

grin007 [14]

Yusef has just finished gathering a list of prospective clients and assessing their capacity, eagerness, and authorization to purchase. The pre approach is his next move in the personal selling process, he is aware of this.

<h3>What is a marketing strategy?</h3>

A marketing strategy is a company's overarching plan for connecting with prospective consumers and persuading them to purchase its services or products. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.

The 4 Ps of marketing—product, pricing, place, and promotion—are covered in-depth in a marketing strategy.

A well-defined marketing strategy should center on the firm's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.

This creates a structure for marketing teams to adopt when they create strategies for all of the company's products and services.

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7 0

8 months ago

A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:

zalisa [80]

Answer:

<u>Adventure Travel Service</u>

<u>Statement of cash flows for the year ended April 30, 2019</u>

<u>Cash flow from Operating Activities</u>

Cash receipts from customers $2,080,000

Cash payments for operating expenses ($1,706,000)

Net Cash from Operating Activities $374,000

<u>Cash flow from Investing Activities</u>

Purchase of land ($400,000)

Net Cash from Investing Activities ($400,000)

<u>Cash flow from Financing Activities</u>

Cash receipt from owner as investment $60,000

Drawings ($40,000)

Net Cash from Financing Activities $20,000

Movement in Cash and Cash Equivalents ($6,000)

Beginning Cash and Cash Equivalents $203,000

Ending Cash and Cash Equivalents $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

4 0

2 years ago