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

Question

1 Approved Answer

Watford F.C. Ltd manufactures footballs for the premier league. It has average assets of $600 000 and calculates a mark-up on full cost based on

Watford F.C. Ltd manufactures footballs for the premier league. It has average assets of $600 000 and calculates a mark-up on full cost based on a desired return on investment of 20 per cent. Expected production is 10 000 units, and the full cost per unit is $80. What is the mark-up percentage

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

Essentials Of Accounting For Governmental And Not-for-Profit Organizations

Essentials Of Accounting For Governmental And Not-for-Profit Organizations

Authors: Paul Copley

14th Edition

1260570177, 978-1260570175

More Books

Students also viewed these Accounting questions

Question

★★★★★
Suppose that a parachutist with linear drag (m = 70 kg, c = 12.5 kg/s) jumps from an airplane flying at an altitude of a kilometer with a horizontal velocity of 180 m/s relative to the ground. (a)...

Answered: 1 week ago

Question

★★★★★
Rate each of the following questions according to the following scale: 1. I am never like this. 2. I am rarely like this. 3. I am sometimes like this. 4. I am often like this. 5. I am always like...

Answered: 1 week ago

Question

★★★★★
89. Let I1,..., In be independent random variables, each of which is equally likely to be either 0 or 1. A well-known nonparametric statistical test (called the signed rank test) is concerned with...

Answered: 1 week ago

Question

★★★★★
During the current year, Bailey, a U.S. corporation, began operating overseas. It manufactures machine tools in the United States and sells them to Canadian customers through a branch office located...

Answered: 1 week ago

Question

★★★★★
Explain the swap file system. What type of information would you find in the swap file system?

Answered: 1 week ago

Question

★★★★★
Determine the mean, median, mode and midrange of the set of data. 59, 52, 39, 50, 60, 47, 63 The mean is (Round to the nearest tenth as needed.) The median is Select the correct choice below and fill...

Answered: 1 week ago

Question

★★★★★
4. You've recommended to your team lead that you should move forward with the re-launch. You have a key customer that was impacted by the miss-launch a few months ago and you're meeting with them to...

Answered: 1 week ago

Question

★★★★★
In a neighborhood, 35% of homes have a security system. As a security system salesperson, you want to know how many houses need to be visited before you find 10 houses without a system. 83 62 21 98...

Answered: 1 week ago

Question

★★★★★
Consider the system of equations: 2 x ^ 2 - 3 and + With = 1 2 3 x ^ 3 + 2 and = 2 5 4 x ^ 2 - 2 and ^ 2 + With = 1 8 Write a MATLAB script to find numerical solutions to this system of equations...

Answered: 1 week ago

Question

★★★★★
The following table shows the daily receipts in millions of dollars of the movie "Avatar" for successive Fridays after its opening on Friday 18 December 2009. Weeks $Receipts 0 77.025 2 68.49 4...

Answered: 1 week ago

Question

★★★★★
6. A charge Q is at the centre of a tetrahedron. What is the electric flux through one face of the tetrahedron?

Answered: 1 week ago

Question

★★★★★
1. Explain the given below statements (3 marks) with an example. a) IF statment b) While Statement c) For Statement 2. Write a python program to print the Multiplication table of 5. (3 marks) output:...

Answered: 1 week ago

Question

★★★★★
4. What specific changes in the environment have taken place in relation to the information we have collected?

Answered: 1 week ago

Question

★★★★★
2. The purpose of the acquisition of the information.

Answered: 1 week ago

Question

★★★★★
1. What is the meaning of the information we are collecting?

Answered: 1 week ago

Previous Question Next Question