A flower arrangement is marked up $12, which is 50% of the cost. a. Find the cost.

Question:

A flower arrangement is marked up $12, which is 50% of the cost.
a. Find the cost.
b. Find the selling price.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

See More Books

Question Posted: Mar 11, 2016 01:40 AM

See More Questions

Flowers Galore (FG) has been in business for several years. FG is open Monday-Friday with hours from 9 a.m. until 6 p.m. Saturdays, FG is open from 9 am until 2 pm. FG is the only flower shop in this...
Kate Rowland wishes to estimate the number of flower arrangements she must sell at $24.95 to break even. She has estimated fixed operating costs of $12,350 per year and variable operating costs of...
Bell Florists sells flowers on a retail basis. Most of the sales are for cash; however, a few steady customers have credit accounts. Bells sales staff fills out a sales slip for each sale. There is a...
What are conjugate faults, and what stress information do they give?
How is it that managements role as financial stewards may be considered a conflict of interest with their position as employees of the company?
Refer to Problem 11.12 for Table 8.19 on government spending. Analyze these data using a cumulative logit model with random effects. Interpret. Compare results to those with a marginal model (Problem...
6 Un tema comn entre los gerentes que triunfan reiteradamente en la implementacin de programas es fomentar la comunicacin abierta. Por qu esto es tan importante?
In 2016 the Better Business Bureau settled 80% of complaints they received in the United States. Suppose you have been hired by the Better Business Bureau to investigate the complaints they received...
A comparative statement of financial position for Blue Spruce Industries Inc. follows: BLUE SPRUCE INDUSTRIES INC. Statement of Financial Position December 31, 2020 December 31 Assets 2020 2019 Cash...
Consolidation related simulation example: Millennium Capital Management, Inc., (MCM) acquired a 90% interest in NextGen, Inc. MCM's Financial Manager, Matthew Steven, has prepared a draft memo to the...
A computer table sells for $ 198.50 and costs $ 158.70. a. Find the markup. b. Find the rate of markup based on the cost.
Paradise Solar Lights marked up each box of four-color changing LED solar accent lights $8.25. The 60% markup of $8.25 was based on cost. Find the cost and selling price of each box of lights.
Tabulate and plot enough points to sketch a graph of the following equations. r = 4 + 4 cos
1.For Zenith Co. the Processing Division sells a computer module to the company's Assembly Division, which assembles the finished product.The Microprocessor Division is currently working at capacity....
I. The company "EVERYTHING FRESH EXCEPT THE CHICKEN" buys birds to process and distribute them for human consumption. From the process of these birds 3 products "breasts, thighs and wings" are...
What is the decimal value of this 8-bit two's complement number? 1000 0000
Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for June2017: Work in process, beginning...
You are the director of health information management at an acute care hospital. The hospital's radiology manager has come to you because an employee mistakenly included protected health information...
Why is it important to consider the distribution of core and supplementary services both separately and jointly?
On July 1, 2011, Flashlight Corporation sold equipment it had recently purchased to an unaffiliated company for $480,000. The equipment had a book value on Flashlights books of $390,000 and a...
Identifying cost flows in process cost system LO 6 List in columnar form the transactions and the accounts debited and credited to reflect the flow of costs through a process cost accounting system...
What annual rate of return would money have to earn for $1975.00 to be equivalent to $1936.53 paid 100 days earlier?
At what rate can money be invested if $2370.00 is equivalent to $2508.79 paid 190 days later?
A late payment of $850.26 was considered equivalent to the originally scheduled payment of $830.00, allowing for interest at 9.9%. How many days late was the payment?
Your company BMG Inc. has to liquidate some equipment that is being replaced. The originally cost of the equipment is $120,000. The firm has deprecated 65% of the original cost. The salvage value of...
1. What are the steps that the company has to do in time of merger transaction? And What are the obstacle that may lead to merger failure? 2.What are the Exceptions to not to consolidate the...
Problem 12-22 Net Present Value Analysis [LO12-2] The Sweetwater Candy Company would like to buy a new machine that would automatically "dip" chocolates. The dipping operation currently is done...

A flower arrangement is marked up $12, which is 50% of the cost. a. Find the cost.

Question:

Step by Step Answer:

a C M M 1...View the full answer

Business Math

Students also viewed these Finance questions