Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 11, 2023

The art museum shop purchases earrings for $24 and sells them for $35. What is the markup %? Round to the nearest tenth of

The art museum shop purchases earrings for $24 and sells them for $35. What is the markup %? Round to the nearest tenth of a percent. State the number such as 71.6 for 71.6%.

Step by Step Solution

★★★★★

3.37 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Mark up shows Profit in terms on cost CP Final answer Mar... 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

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

College Accounting

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

11th edition

978-1111528300, 1111528128, 1111528306, 978-1111528126

More Books

Students also viewed these Accounting questions

Question

★★★★★

The additional sleep, to the nearest tenth of an hour, obtained by a sample of 100 patients by using a particular brand of sleeping pill We have presented a data scenario. In each case, decide which...

Answered: 1 week ago

Question

★★★★★

Where appropriate, round your answer to the nearest tenth of percent. Determine the answer to the question. What is 15% of $45.00?

Answered: 1 week ago

Question

★★★★★

Where appropriate, round your answer to the nearest tenth of percent. Determine the answer to the question. What is 6.5% of $150.00?

Answered: 1 week ago

Question

★★★★★

In a recombinant protein expression process the host microorganism, Pichia pastoris needs to be separated from the culture supernatant after production. A pilot scale bioreactor with a working volume...

Answered: 1 week ago

Question

★★★★★

On February 25, Madison County Rocks Inc., a marble contractor, issued for cash 120,000 shares of $36 par common stock at $40, and on June 3, it issued for cash 50,000 shares of preferred stock, $8...

Answered: 1 week ago

Question

★★★★★

Explain how to assess the worth of certification programs.

Answered: 1 week ago

Question

★★★★★

How can we make a causal connection between particular culture-based training efforts and particular outcomes? How can we be sure that confounding or unexamined variables arent responsible for the...

Answered: 1 week ago

Question

★★★★★

You work as a supervisor in a manufacturing firm. The company has implemented a balanced-scorecard performance-appraisal system and a financial bonus for exceeding goals. A major customer order for...

Answered: 1 week ago

Question

★★★★★

Old MathJax webview I will vote your Answer Definitely thank you n Bronse TA plul AN The From Aro Chrostou Being cash regis . Agias de Edit SEE IM Share By M AUTI NA DE NE bu painen INC Current TO...

Answered: 1 week ago

Question

★★★★★

Today is May 15, 2000, and the current, semi-annually compounded yield curve is in Table 3.6. Compute the duration for the following securities: (a) 3-year zero coupon bond (b) 3 1/4-year coupon bond...

Answered: 1 week ago

Question

★★★★★

Spencer's Sports manufactures outdoor equipment at three regional plants. The Freeway Plant produces two models of fishing reels, the Stream and the Surf. The Surf model is heavier and more durable....

Answered: 1 week ago

Question

★★★★★

Humans, especially children, have an amazing capability to learn language. Within the first year of life, children will have learned many of the necessary concepts to have functional language,...

Answered: 1 week ago

Question

★★★★★

Martina was geared up for a long day on the bike trail and began her day with a balanced breakfast. Although she brought plenty of water with her, she was also able to stay hydrated because her...

Answered: 1 week ago

Question

★★★★★

Eight-year-old Rubio does not play with his classmates, and when he does have to interact with them he tends to get frustrated and doesn't understand how to interact with them. Even at home, Rubio...

Answered: 1 week ago

Question

★★★★★

People disagree regarding the extent to which we should be anxious and fearful of how new technologies will affect our society.What are the potential ramifications of being constantly connected to...

Answered: 1 week ago

Question

★★★★★

When planning instruction, a teacher must integrate curriculum and instructional strategies that students can relate to on a personal level. Consider the community in which you plan to teach....

Answered: 1 week ago

Question

★★★★★

On 2 January 2016, Mentos Ltd purchased a machine for $35 000 plus GST with a useful life of 5 years and a residual value of $5000. In order to keep the machine running properly, the company has...

Answered: 1 week ago

Question

★★★★★

Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...

Answered: 1 week ago

Question

★★★★★

For the week ended September 7, the totals of the payroll register for Benton, Inc., are presented at the top of the next page. The regular and overtime earnings are correct. List six errors that...

Answered: 1 week ago

Question

★★★★★

Label the blanks in the column heads as either Debit orCredit. CASH PAYMENTS JOURNAL Page Other Accounts Payable Purchases Discounts Ck. Date No. Account Debited Post. Accounts Ref. Cash

Answered: 1 week ago

Question

★★★★★

State an advantage and a disadvantage of LIFO.

Answered: 1 week ago

Question

★★★★★

A professor wishes to develop a numerical method for giving grades. He intends to base the grade on homework, two midterms, a project, and a final examination. He wishes the final exam to have the...

Answered: 1 week ago

Question

★★★★★

Stock investors often look to beat the performance of the S&P 500 Index, which generally serves as a yardstick for the market as a whole. The following table shows a comparison of the five-year...

Answered: 1 week ago

Question

★★★★★

American Express estimates current Halloween spending to be about $53 per person. Much of the spending was expected to come from young adults. A file titled Halloween contains sample data on...

Answered: 1 week ago

Previous Question Next Question