a retailer sells widgets for $15.00 after marking up 50% on wholesaler selling price. the wholesaler had sold the widgets to the retailer at a markup of 20% on the retailer's purchase price. in this instance, what is the manufacturer selling price?
Answers
In this instance, $8.00 is the manufacturer's selling price.
Whoseller selling price = Retailer sales price/ (1 + markup) = $15 / (1 + 0.50) = $10. Manufacturer selling price = Whoseller selling price - Whoseller selling price x 20% = $10 - $10 x 20%. Retailers who purchase goods in bulk from manufacturers pay a price known as wholesale. The goal of wholesale pricing is to turn a profit by offering products at a price over what it costs to produce them.
Retail price = Wholesale Price (1 - Markup%), where the markup percentage is the ideal percent of the wholesale price you add onto the costs to, and the wholesale price is the cost of the product from the manufacturer or supplier. This formula can be used to determine the markup percentage from wholesale to retail for any product.
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Related Questions
Genera 5
3
Select the correct answer.
Which relationship is possible when two tables share the same primary key?
O A one-to-one
ОВ.
one-to-many
OC. many-to-one
OD. many-to-many
Reset
Next
Answers
Question:
Which relationship is possible when two tables share the same primary key?
Explanation:
One-to-one relationship.
somebody help me please
What happens if you don’t have a checking account? Where can you go to cash your check?
If you cash it at your bank, can you always have your money immediately?
Why?
What would prevent you from cashing your whole check instead of depositing it?
Answers
Answer:
Explanation:
1. Visit the Issuing Bank
Most banks will be willing to cash checks that have been issued from their accounts, which means you can visit a local branch of the issuing bank to get your check cashed. The big benefit of this is that you’ll often be able to cash both personal and payroll checks,And yes They will give the money back immediately but you will have to pay a fee. They will give it back immediately because they are required by the state . 2. Go to Walmart
The retail giant Walmart offers check-cashing services for customers. They’ll cash payroll checks, government checks, tax checks, and MoneyGram money orders, but not personal checks. The fee is $3 for any check up to $1,000, and $6 for any check between $1,000 and $5,000, which is the check-cashing limit.
You can Endorse the Check Over to a Friend, If you have a friend or family member whom you trust, and who has a checking account, you may be able to cash your check by endorsing the check over to them to cash. Ask the bank first if they will honor the check this way first though, since individual bank policies vary. When you endorse the check, you’ll sign your name and underneath write “Pay to the order of [friend’s name],” under which they’ll endorse the check. Their bank will then cash the check with no penalties.
Obviously, this only works if you completely trust your friend. It’s also not a favor you’ll want to get in the habit of asking, as it could be a major inconvenience for them.
You can Use a Check-Cashing Store ,This should be a last resort, as these sorts of establishments generally charge high rates for check cashing. In general, you can expect check-cashing stores to charge you a percentage of your check’s total, although some will also charge a flat fee on top of that.
You can try Prepaid Cards,Some banks will allow you to cash a check for “free” if you load the money into a prepaid card or prepaid account. The problem with these services is that the cards and accounts often have hefty monthly maintenance fees, as well as other hidden charges and fees.
The only thing that would prevent you from cashing your whole check instead of depositing is because If the bank are prepared to cash it then you might as well deposit it and at the same time do a part withdrawal of whatever cash portion of it you need. Why get the cashier to count out the full value of the check and then you hand back some of it to be deposited and recounted . I really indeed Hopes this helps.
In which of the following jobs would leadership be most important?
A. Car mechanic
B. Truck driver
C. Artist
D. CEO
Answers
Answer:
CEO
Explanation:
Well my explanation for my answer is the I have a BIG brain and I am really smart.
In the Month of March, Baldwin received orders of 175 units at a price of $15.00 for their product Bill, and in April receives an order for 44 units of their product Bill at $15.00. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 0 units in March, 175 units in April and 44 units in May. They received payment for 175 units in April, and payment for 44 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)
Select: 1
a) 0, $2,625
b) $3,281 , 0
c) $1,094 , $1,094
d) $2,625 , $656
Answers
To determine the revenue recognized on the March income statement, we need to consider the revenue recognition principle, which states that revenue should be recognized when it is earned, regardless of when payment is received.
In this case, Baldwin received an order of 175 units in March, but did not deliver any of them until April.
Therefore, revenue cannot be recognized on the March income statement, since the product was not yet delivered. Moving on to the April income statement, Baldwin delivered 175 units in April and received payment for those units in the same month. This means that revenue can be recognized for those 175 units in April. To calculate the revenue recognized in April, we simply multiply the number of units delivered (175) by the price per unit ($15.00), which gives us a total of $2,625 in revenue for April.
Now, let's look at the order received in April for 44 units of the product. Baldwin delivered these 44 units in May and received payment for them in the same month..However, the question only asks for the revenue recognized in March and April, so we can conclude that the correct answer is (d) $2,625 for April and 0 for March.
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Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no more than 30% of his income on his mortgage payment. Which loan option would you recommend to Eli? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% b. 30 year fixed, 5% down at a fixed rate of 6. 25% c. 30 year fixed, 6. 5% down at a fixed rate of 5. 75% d. 30 year fixed, 10% down at a fixed rate of 5%.
Answers
The loan option which I would recommend to Eli is which there are 30 years fixed, 10% down at a fixed rate of 5%.
What is the interest rate?The quotient of a loan, that is charged as interest to the receiver, is typically expressed as an annual percentage of the loan outstanding.
Given data are:
Cost of buying a townhouse = $276,650
Savings = $28,000
Earns per month = $4,475
computation:When we take 10% down, fix rate than a cover for the down payment is:
cover for the down payment :
\(\text{Cover for the down payment}=\text{10\%}\times\text{Cost of House}\\\\\text{Cover for the down payment}=\dfrac{10}{100} \times\$276,650\\\\\text{Cover for the down payment}=\$27,665.\)
And, here monthly income is $4,475
So, the mortgage will be :
\(\text{Mortgage}=30\%\times\$4,475\\\\\text{Mortgage}= \$1,342.50.\)
So, by the balance of the mortgage is:
\(\$276,650 - \$27,665= \$248,985.\)
Hence, the total monthly repayment is:
Total monthly repayment:
\(\$248,985\times\dfrac{0.05}{12}+\dfrac{348985}{30\times12}\\\\=\$1729.08.\)
Therefore, option D is correct.
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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover
Answers
Answer:
$0
Explanation:
Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.
One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answers
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
Business 2: After apprenticing for another candy maker, I started my first candy business at age 18.
Unfortunately, my first attempt at starting a business (as well as my second) was a failure. After a rocky start,
my third try was more successful - I have just received a fortune from the sale of my caramel business. During
my world travels, I discovered new equipment that makes chocolate and decided to buy it. Today, only the
wealthy can afford chocolate. With this new technology, I think I can make a chocolate that everyone can
afford. In my mid-thirties, I know very little about making chocolate but I am willing to take the time to learn. I
want my life to center on inventing new candies, building this new business, and laying out a new community
that will be a wonderful place for the people I hire to live. I prefer to leave day-to-day operations of the
company–handling production, sales, marketing and distribution—to someone else
Answers
Answer:
The question is incomplete since the requirements are missing, so I looked for similar questions and found that you should advice this client either to form a sole proprietorship, partnership or corporation.
Since this client wants to focus solely on inventing new candies, he would be better off by forming a corporation. That way, he and other stockholders can elect a board of directors which will appoint an appropriate upper management team to run the business.
The other two types of businesses, sole proprietorships and partnerships require that the owners actively participate in managing the business, and that is something that the client wants to avoid. This happens because sole proprietors and partners are personally liable for all the business obligations. On the other hand, corporations are managed by a professional team.
During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: Multiple Choice credit to Cost of Goods Sold of $65,000. debit to Finished Goods of $65,000. credit to Work in Process of $59,000. credit to Finished Goods of $59,000.
Answers
Answer:
credit to Work in Process of $59,000.
Explanation:
Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000
Dr Finished goods $59,000
Cr Work in process $59,000
Dr Cost of goods sold $65,000
Cr Finished goods $65,000
Trade Barrier protect jobs? True or false
Answers
Answer:
your awnser is false if im wrong messages me:)
Risk is an important factor for companies engaged in international business. One way a collaborative arrangement helps minimize risk when operating abroad is by ________. Group of answer choices
Answers
One form of a collaborative agreement that helps to minimize risk when operating abroad is to freeing up resources so that a company can diversify into more countries.
The internationalization of a business has added risks that require effective risk management for the protection of the company's assets and long-term sustainability in the market.
Some potential risks of operating abroad are:
Entry barriersBureaucracyLegislative barriersCultural barriersTherefore, by freeing up resources so that a company can diversify in more countries, it increases the possibility of a company adapting to different markets and not just fixing all its resources in a single international market.
This can be a strategy for an organization to gain knowledge, experience and develop better strategies to operate in the international market.
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michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem
Answers
The available options are:
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
State the problem.
Explanation:
In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.
Hence, the right answer is State the Problem.
Suppose that a firm operating in perfectly competitive market sells 300 units of output at a price of $3 each. Which of the following statements is correct? (i) Marginal revenue equals $3. (ii) Average revenue equals $3. (iii) Total revenue equals $900. a. (i) only b. (iii) only c. (i) and (ii) only d. (i), (ii), and (iii)
Answers
Answer:
d. (i), (ii), and (iii)
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
Price = marginal revenue = average price
total revenue = price x quantity = $3 x 300 = $900
assuming that there are 52 weeks in a year what is the average demand during the lead time? round your answer to two decimal places
Answers
The value of the purchase consideration paid by LVMH to the Bulgari family for the controlling 66% interest in Bulgari SPA is not provided in the given information.
Without the specific value of the purchase consideration, it is impossible to provide a numerical answer.
However, it is noteworthy that LVMH's acquisition of Bulgari SPA allowed the French company to expand its presence in the high-end jewelry market and further diversify its product offerings.
This acquisition also allowed LVMH to tap into Bulgari's strong brand recognition and loyal customer base.
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During 2020, a self-employed taxpayer drives her car 4,000 miles to visit clients, 3,000 miles to get to her office, and 1,000 miles to attend business-related seminars. She also spent $400 for airfare to another business (1-day) seminar and $100 for parking at client offices. Using $.575 per mile, what is her deductible transportation expense? A. $3,275 B. $5,100 C. $3,375 D. $400
Answers
Answer:
C
Explanation:
You add the different transportation expenses.
how to write an action plan
Answers
Answer:
to write action plan you need to make an action
What is meant by Gracia’s use of the term "Hollywood-style economics"?
a.Actors making wide-reaching financial decisions
b.An economic approach that pays predominant attention to the buying patterns of Hollywood celebrities
c.Focusing on short-term success despite the implications this might have on the long term
d.An economic approach only available to those who live in the Hollywood proximity
e.Businesses only focusing on becoming widely known and sacrificing product quality
Answers
Gracia's use of the term "Hollywood-style economics" refers to an economic approach that focuses on short-term success, often at the expense of long-term sustainability". Option c is answer.
This approach emphasizes hype, glamour, and celebrity endorsements, and prioritizes immediate profit and market dominance over innovation, quality, and customer satisfaction. In this sense, the term "Hollywood-style economics" refers to the tendency of businesses to prioritize fame, image, and buzz over substance, value, and long-term viability. This approach is criticized for being unsustainable and shortsighted, as it may lead to market saturation, loss of consumer trust, and a decline in quality standards.
he term "Hollywood-style economics" is not directly related to actors making financial decisions or the buying patterns of Hollywood celebrities.
Option c is answer.
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there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify
Answers
Answer:
yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development
What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.
Answers
Answer:
I don't know sorry sorry forgive me
Explanation:
sorry
why do people call buildings buildings if they are already built.
Answers
A company sells a plant asset that originally
cost $528000 for $194000 on December
31, 2017. The accumulated depreciation
account had a balance of $264000 after
the current year's depreciation of $44000
had been recorded. The company should
recognize a
Answers
Answer:
The company should recognize a loss of $70,000
Explanation:
Here in this question, we shall be evaluating what should be recognized in the transaction books of the company as a result of the sales of one of its plant asset.
The first thing to do here is to calculate the book value of the plant asset.
Mathematically, the book value of the plant asset = Original cost of plant asset - Accumulated depreciation value
from the question; the original cost is $528,000
while the depreciation value is $264,000
Thus, the book value of the plant asset = $528,000 - $264,000 = $264,000
Now since the company sold the plant asset at a value of $194,000, which is less than the book value of the plant asset, the company should recognize a loss
The amount of the loss = Amount at which the sold - book value of the plant asset
= 194,000 -264,000 = -70,000
Thus the company should recognize a loss of $70,000
2x + 51 = 34. right???
Answers
If the fed carries out an open market sale of u. S. Government securities, the quantity of bank reserves ________ and the money supply ________.
Answers
If the fed carries out an open market sale of u. S. Government securities, the quantity of bank reserves falls and the money supply decreases.
A government is the system or institution of humans governing an organized network, normally a nation. in the case of its huge associative definition, government usually consists of legislature, govt, and judiciary.
A central authority is the gadget to govern a state or network. The Columbia Encyclopedia defines government as "a gadget of social manipulate underneath which the proper to make legal guidelines, and the right to implement them, is vested in a selected institution in society".
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Planning, implementing, and controlling the physical flow of a product from its point of origin to its point of consumption is called
Answers
The planning, implementing, and controlling the physical flow of a product from its point of origin to its point of consumption is distribution.
What is distribution?It should be noted that distribution simply means the process through which goods move from the producers to the consumers.
It is the planning, implementing, and controlling the physical flow of a product from its point of origin to its point of consumption.
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seasonal inventory allows a firm to maintain a smooth production flow throughout the year. group of answer choices true false
Answers
The statement, "Seasonal inventory allows a firm to maintain a smooth production flow throughout the year" is True.
What is seasonal inventory?Seasonal inventory can be defined as the practice of storing items, such as consumer products, materials, or commodities when they are in high demand and then selling them off when demand decreases.
It is an inventory management technique used by businesses to ensure they have enough stock to meet demand during peak periods and avoid overstocking during low periods.
What is production flow?Production flow is the process of taking a raw material and transforming it into a final product. It involves a series of sequential steps and activities that lead to the manufacture of a finished product. It includes all the stages of production, from the procurement of raw materials to the delivery of finished goods to the customer.
Seasonal inventory allows a business to keep its production flow consistent throughout the year by ensuring that enough raw materials are available to meet demand during peak periods. It also prevents overstocking during low periods, ensuring that the business maintains its profitability.
As a result, seasonal inventory management can help companies maintain a more efficient and cost-effective production process.
Hence, The statement, "Seasonal inventory allows a firm to maintain a smooth production flow throughout the year" is True.
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CAN TEACHER SAY you're NOT SMART TO STUDENTS?
Answers
Answer:
NO that's not ok at all! they're not supposed to
The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project is less tangible or it is the result of a series of steps or phases, some project managers choose to utilize a(n) ___________. Multiple Choice Responsibility Matrix (RM) Organization Breakdown Structure (OBS) Work Breakdown Structure (WBS) Modified Process Breakdown Structure (PBS) Project Priority Matrix (PPM)
Answers
Answer:
Process Breakdown Structure (PBS)
Explanation:
Since in the question it is mentioned that WBS should be best suited for design & construction projects so there is tangible results
now if the final result should be lower tangible so here the project manager should select the project breakdown structure as the process of the project should be driven via requirement of the performance but not with the plans or the blueprints
Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Answers
Because a goal is a target that your trying to accomplish
Like an abstract in a report, this is a one-or two-paragraph summary of the product or service and how it meets the re quirements and exceeds expectations is known as the back ground section of a business proposal .
Answers
Effective business proposals are centered on a fantastic concept or resolution. Although you might be able to do it in an engaging fashion, you want your document and its solution to stand out against the backdrop of other offers.
the concept Who, what, when, why, and how. Be precise and succinct. Keep your language concise and avoid overstating. To prove your goods or service, use logical, well-supported arguments.
Which section of the business plan details how the company has dealt with problems?The executive summary should give a brief description of the issue that your company addresses, your proposed solution to the issue, the business's target market, major financial highlights, and a list of the management team's responsibilities.
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