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
zavuch27 [327]
2 years ago
14

Kitchen chairs are purchased wholesale for $36 each by a discount furniture store. Then, the store marks up the chairs by 60 per

cent. The store has a special sale where all items are marked down by 20 percent. How much would two chairs cost during the sale? $46. 08 $57. 60 $92. 16 $115. 20.
Business
1 answer:
tia_tia [17]2 years ago
3 0

Answer:

46.08 * 2 = 92.16

Explanation:

starts at 36, mark up by 60%

36 + 0.60(36) = 36 + 21.60 = 57.60

now they mark it down by 20%

57.60 - 0.20(57.60) = 57.60 - 11.52 = 46.08

46.08 * 2 = 92.16

You might be interested in
Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
DaniilM [7]

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

7 0
3 years ago
Explain what happens when markets do not have enough competition.
MatroZZZ [7]

Answer:

The price will be higher and output lower in absence of competition.

Explanation:

When the market does not have enough competition, it provides a certain degree of market power to the existing producers. They are able to regulate prices and output.  

It is likely that the suppliers will provide a fewer quantities of goods at a higher price, in order to maximize their profits. The socially optimal level of output will not be produced in the market.  

The resources will not be efficiently allocated and deadweight loss will exist.

3 0
3 years ago
What should the manager know about foodservice equipment​ safety?
Jet001 [13]
Your answer is B, <span>If approved by the NSF, it will have a mark to indicate that endorsement.</span>
4 0
4 years ago
Which type of investment would be an example of an investment at point B? a US savings bond a CD a stock a savings account.
Assoli18 [71]

There are different types of investment. The type of investment would be an example of an investment at point B is a stock.

When you look at the graph, you will see a rise from point A to both B. With this, you can know that the asset class that has highest risk and also has the highest return is a stock.

There are different kinds of investments. They includes stocks, real estate, etc. The intention of the buyer is that they will increase the value of their savings/money over time.

Learn more about Stocks from

brainly.com/question/11514232

7 0
3 years ago
Sales (19,500 units at $30 per unit) $585,000 Variable expenses 409,500 Contribution margin 175,500 Fixed expenses 180,000 Net o
vichka [17]

Answer:

                                                                                                   Automated

Sales (19,500 units at $30 per unit)            $585,000            $585,000

Variable expenses                                        409,500               351,000

Contribution margin                                       175,500              234,000

Fixed expenses                                              180,000              252,000

Net operating loss                                          $(4,500)           $( 18,000)

New Cm ratio=  Contribution Margin/ Sales Revenue

                      = $ 234,000 $ 585,000 = 0.4

Break-even point in  dollars=  Fixed Costs/ 1- (variable Cost/ Sales)

                                            =  252,000/ 1- (351,000/ 585,000)

                                             = 252,000/ 1-0.6

                                               = 252,000/0.4= $ 630,000

The resulting $ 630,000 is the break even point at which neither a loss nor a profit is incurred.This can be checked as follows.

Sales                                                                         $ 630,000

Variable Costs  ( 60 % $ 630,000)                          $ 378,000

Contribution Margin                                                   $ 252,000

Less Fixed Expense                                                   <u>$ 252,000</u>

Profit                                                                           <u>       0            </u>

Break even point in units =  Fixed Costs/ Contribution Margin in units

                                         = $ 252,000/ (30-18)

                                          =$ 252,000/ $ 12= 21,000 units

Two Contribution format Income Statements:

                                                                                                   Automated

Sales (26,000 units at $30 per unit)           $780,000            $780,000

Variable expenses                                        546,000               468,000

Contribution margin                                       234,000                312,000

Fixed expenses                                              180,000              252,000

Net operating Profit                                     $ 54,000                $ 60,000

Working:

Variable Costs per unit = $ 409500/19500=  $ 21

After reduction variable costs = $ 21- $3= $ 18

4 0
3 years ago
Other questions:
  • During the recession of 2007−2009, the U.S. federal government’s tax collections fell from about $2.6 trillion down to about
    6·1 answer
  • "The​ S&amp;H Construction Company expects to have total sales next year totaling $ 14 comma 700 comma 000. In​ addition, the fi
    15·1 answer
  • 21. Preferred stock pays quarterly dividend of $3 a share. If investors require 12% return on a stock of a similar risk level, w
    7·1 answer
  • Franklin corporation issues $50,000, 10%, five-year bonds on january 1 for $52,100. interest is paid semiannually on january 1 a
    11·2 answers
  • Tom maintains a popular blog that highlights restaurants in the Chicago area. Tom provides recommendations on the restaurants, p
    12·1 answer
  • Consider the following data for a closed​ economy: Y​ = ​$12 trillion C​ = ​$8 trillion G​ = ​$2 trillion Spublic​ = ​$negative
    10·1 answer
  • How can you get a mouse to function properly?
    10·1 answer
  • Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 p
    15·1 answer
  • An automatic stabilizer:________
    14·1 answer
  • Jensen Automotive produces alternators for American-made cars. They generally use a static budget with the following costs based
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!