Cost = $82; markup = $46. a. Find the rate of markup based on cost. b. Find

Question:

Cost = $82; markup = $46.
a. Find the rate of markup based on 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 01:43 AM

See More Questions

Costco sells a set of Velox custom vehicle wheels for $529.00. They cost $278.00. Find the rate of markup based on cost and based on selling price. Round to the nearest tenth of a percent.
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.
A Canon black-and-white multifunction laser printer costs $49 and sells for $119.99. Find the rate of markup based on the selling price.
Give examples of three exceptions to the Cardozo rule of foreseeability.
Why is it critical that source documents be easy to use and complete?
Using a flexible drinking straw and a ruler, explain how you would measure the water flow velocity in a river.
List the items according to their annual dollar usage? LO.1
On March 1, Jordan Company borrows $90,000 from Ottawa State Bank by signing a 6-month, 8%, interest-bearing note. Instructions Prepare the necessary entries below associated with the note payable on...
Data Services has five hourly employees. Some employees work overtime each week and are paid time and one-half for all work exceeding 40 hours per week. Based on the data below, compute gross pay for...
J.A. Coghill owned a used Rolls Royce Corniche automobile, which he sold to a man claiming to be Daniel Bellman. Bellman gave Coghill a cashiers check for $ 94,500. When Coghill tried to cash the...
Cost = $60; selling price = $ 150. a. Find the markup. b. Find the rate of markup based on cost.
Cost = $32; selling price = $40. Find the rate of markup based on the selling price.
How much pressure would be required to compress a quantity of mercury by 0.010%?
Antismoking advocates cheered in the summer of 1997 when the U.S. tobacco industry agreed to pay out more than U.S. $$368.5$ billion to settle lawsuits brought by forty states seeking compensation...
Generate the full set of clauses for the map-coloring graph in Figure 8.1. Resolve these clauses to prove that a three-coloring solution does exist for the graph. data from figure 8.1 A B C D
To test $H_{0}: \mu=80$ versus $H_{1}: \mu <80$, a simple random sample of size $n=22$ is obtained from a population that is known to be normally distributed. (a) If $\bar{x}=76.9$ and...
Check that there are at least $2\left(\begin{array}{c}n \\ 3\end{array} ight)$ different hierarchical models which contain all twoway interaction terms for an $n$-way contingency table.
A cam with $30 \mathrm{~mm}$ as minimum diameter is rotating clockwise at a uniform speed of $1200 \mathrm{rpm}$ and operates a roller follower of $10 \mathrm{~mm}$ diameter as given below: (i)...
Explain what factors make customers like and dislike self-service technologies (SSTs), online services, apps, AI, and service-robot-delivered services.
Avatar Financials, Inc., located on Madison Avenue, New York City, is a company that provides financial advice to individuals and small- to mid-sized businesses. Its primary operations are in wealth...
On October 31, 2014, Pahonan Inc. (Pahonan) purchased 75 percent of the common shares of Seebe Ltd. (Seebe) for $$1,500,000$. Pahonans and Seebes balance sheets on October 31, 2014, just before the...
Accurate Accounting obtained a private loan of $25,000 for five years. No payments were required, but the loan accrued interest at the rate of 9% compounded monthly for the first 2 1/2 years and then...
A credit unions Rate-Climber GIC pays rates of 4%, 5%, and 6% compounded semiannually in successive years of a three-year term. a. What will be the maturity value of $12,000 invested in this GIC? b....
Calculate the periodic rate of interest if the nominal interest rate is 6% compounded: a. Monthly. b. Quarterly. c. Semiannually.
Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an all - equity firm that specializes in this business. Suppose Harburtin ' s equity beta is 0 . 8 7 , the...
Ned Allen opened a medical practice in Los Angeles, California, and had the following transactions during the month of January. (Click the icon to view the January transactions.) Journalize the...
do you need more information or are you working on this? Irene Watts and John Lyon are forming a partnership to which Watts will devote one- half time and Lyon will devote full time. They have...

Cost = $82; markup = $46. a. Find the rate of markup based on cost. b. Find

Question:

Step by Step Answer:

a M M C 100 M ...View the full answer

Business Math

Students also viewed these Finance questions