FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Total cost of one unit is equal to R500. If the mark-up on cost is 30%, calculate the price of one unit. Show the relevant

Total cost of one unit is equal to R500. If the mark-up on cost is 30%, calculate the price of one unit. Show the relevant equation.

Total cost of one unit is equal to R500. If the profit margin is 30%, calculate the price of one unit. Show the relevant equation.

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

Inside And Outside Liquidity

Inside And Outside Liquidity

Authors: Bengt Holmstroem, Jean Tirole

1st Edition

0262518538, 9780262518536

More Books

Students also viewed these Finance questions

Question

★★★★★
The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the work sheet. Indicate whether each balance should be extended to (a) An Income Statement column (b) A...

Answered: 1 week ago

Question

★★★★★
33. Same-Sex Marriage The results of a 2017 Gallup poll concerning views on same-sex marriage showed that of n51011 adults, 64% thought that same-sex marriage should be valid, 34% thought it should...

Answered: 1 week ago

Question

★★★★★
Hotel XYZ is an independent city centre hotel property with 200 rooms. In general its Average Daily rate is approximately 100 throughout the year, and its runs at an average of 65% occupancy. Its...

Answered: 1 week ago

Question

★★★★★
combines the advantages of functional specialization with the advantages of product-project specialization. specialization business O product-team structure O divisional organization O matrix...

Answered: 1 week ago

Question

★★★★★
HeadlandInc. issues $2,600,000of7% bonds due in10years with interest payable at year-end. The current market rate of interest for bonds of similar risk is12%. What amount willHeadlandreceive when it...

Answered: 1 week ago

Question

★★★★★
Follow the model of international banking with production economy, and keep all settings unchanged. Now assume that the shadow interest rate in autarky, \(r^{A}\), is lower than the world interest...

Answered: 1 week ago

Question

★★★★★
Allow two-party competition in the elections over infinite time horizon, \(t=0,1, \ldots,+\infty\). Assume that there is an election every other period and two parties, \(i=L, R\) ("left" and...

Answered: 1 week ago

Question

★★★★★
Use a demand and supply graph to show that Ted Koppels proposed explanation of a decrease in drug prices is incorrect. (Related to Application 6) Application 6 WHY LOWER DRUG PRICES? APPLYING THE...

Answered: 1 week ago

Question

★★★★★
Use the data in the first table of Global Insights 6.1 to calculate U.S. tariff revenues on costume jewelry, glass and glassware, and rubber footwear. Global Insights 6.1 The Welfare Costs of...

Answered: 1 week ago

Question

★★★★★
Consider the following bi-criteria problem: Prove whether or not the following solutions are efficient: a. X(1) = (0,0,2,18,0) b. X(2) = (0,0,8,0,12) c. X(3) = (0,4,0,20,0) Maximize Minimize Subject...

Answered: 1 week ago

Question

★★★★★
Did you create a package that evokes intrigue, appeal, and attention?

Answered: 1 week ago

Question

★★★★★
Did you include a clear logotype and product brandmark that is recognizable, readable, and clear at 1 inch 1 inch on the package?

Answered: 1 week ago

Question

★★★★★
20. What do you want them to do? (what actions should they take)?

Answered: 1 week ago

Previous Question Next Question