Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone please help me with this question. I'll upvote for a fast response. A retailer is setting the price of a laptop computer. He

Can someone please help me with this question. I'll upvote for a fast response.

image text in transcribed
A retailer is setting the price of a laptop computer. He is corsidering using either a 4% sales margin or a 7.5% cost mark-up method. What would the selling price be, if his cost of sales is $6008 Select one: a. $625 margin or $645 mark-up b. $645 margin or $625 mark-up se. $624 margin or $645 mark-up d. $645 margin or $624 mark-up

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What is the difference between bossing and coaching a team?

Answered: 1 week ago

Question

=+What methods can be employed to gather this information?

Answered: 1 week ago