Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

Office Max receives packs of 8 pens for $0.79 per pack. They desire a 50% markup on selling price. What is the selling price (of

Office Max receives packs of 8 pens for $0.79 per pack. They desire a 50% markup on selling price.

What is the selling price (of the pack)? The selling price is what percent of the cost? Round to the nearest hundredth of a percent if necessary.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Accounting, Chapters 1-13

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

25th Edition

1285069625, 9781285069623

More Books

Students also viewed these Accounting questions

Question

★★★★★

What types of taxes qualify to be deducted as itemized deductions? Would a vehicle registration fee qualify as a deductible tax?

Answered: 1 week ago

Question

★★★★★

Bergman Corp. has experienced zero growth over the last seven years paying an annual dividend of $2.00 per share. Investors generally expect this performance to continue. Bergman stock is currently...

Answered: 1 week ago

Question

★★★★★

How could Boormans determination to walk unassisted again after 15 years be explained by each of the diff erent approaches to motivation?

Answered: 1 week ago

Question

★★★★★

PlastiCo produces plastic pipe to customer specifications. Losses of less than 5 percent are considered normal because they are inherent in the production process. The company applies overhead to...

Answered: 1 week ago

Question

★★★★★

i Data Table Tri Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets Property, Plant, and Equipment, Net $ 25,000 $ 153,600 21,400 44,400 109,150...

Answered: 1 week ago

Question

★★★★★

(A)iDiscuss any four components of internal control and its importance in helping the organisation achieve its strategic objectives (ii)Explain the term sufficient and appropriate evidence

Answered: 1 week ago

Question

★★★★★

Assume that last year in a particular state with 700000 children there were 1307 children out of 33400 in a random sample who were diagnosed with Autism Spectrum Disorder. Nationally, 1 out of 88...

Answered: 1 week ago

Question

★★★★★

Exercise 14-30 (Algo) ROI versus RI (LO 14-2, 3) Albany Division is considering the acquisition of a new asset that will cost $540,000 and have a cash flow of $186,000 per year for each of the four...

Answered: 1 week ago

Question

★★★★★

In a famous study done in the 1960s two dolphins, Doris and Buzz, were trained to work together to earn fish. Doris was shown a light underwater. If the light was on steadily, her partner Buzz on the...

Answered: 1 week ago

Question

★★★★★

A gas with molecular weight of 35 kg/kmol, specific heat cp=1.049 kJ/kg.K, critical pressure of 27 bar, and critical temperature of 395 K undergoes a cooling process. At the end of the process the...

Answered: 1 week ago

Question

★★★★★

Suppose the chi-square statistic for a test was 6.991. If instead, the chi-square statistic had been 5.332, would the p-value be smaller, larger, or remain the same

Answered: 1 week ago

Question

★★★★★

1. Specifically what type of appraisal tool does the company seem to be using, based on what you read in this chapter? How would you modify it?pg 87

Answered: 1 week ago

Question

★★★★★

1. Explain how training and development play an important role in Witness.org.pg 87

Answered: 1 week ago

Question

★★★★★

1. What would be the advantages to Carter Cleaning of setting up a career planning program?pg 87

Answered: 1 week ago

Previous Question Next Question