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3241004551 [841]
2 years ago
8

I sell shoes for $250 per pair. They cost me $25 to produce. My markup on cost is:______

Business
1 answer:
aalyn [17]2 years ago
7 0

Answer:

Markup percentage= 900%

Explanation:

Giving the following information:

I sell shoes for $250 per pair. They cost me $25 to produce.

<u>To calculate the markup percentage, we need to use the following formula:</u>

Markup percentage= [(selling price - unitary cost)/unitary cost]*100

Markup percentage= [(250 - 25)/25]*100

Markup percentage= 900%

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West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bond
Nataliya [291]

Answer:

YTM is 4.94%

Explanation:

The  yield  to maturity is the return on the bond throughout the bond's tenure and can be computed using rate function in excel as shown below.

=rate(nper,pmt,-pv,fv)

nper is the number of coupons the bond has left to pay(23 years*2)

pmt is the semiannual coupon of the bond=$1000*5.3%*6/12=26.5

pv is the curren price=$1000*105%=$1050

fv is the face value of the bond

=rate(46,26.5,-1050,1000)=2.47%

2.47% is the semiannual yield

annual yield=2.47% *2=4.94%

7 0
2 years ago
Lamar has just gotten a new job and is attending a company party where he will meet his colleagues for the first time. His boss
a_sh-v [17]

Lamar's experience demonstrates retroactive interference.

<h3><u>Explanation:</u></h3>

When a person tries to recall some information that are older in nature and comes to know about some recent information it refers to Retroactive interference. For instance you may call the name of your grandmother with the name of your mom. There will be a retroactive interference with the two names.

This happens when you forget some tasks that are learnt in past because of the learning of new tasks. In the given example, Lamar only rememnbers the names of the people in the first group and remebers the profession of the last women met by him. His experience demonstrates retroactive interference.

3 0
2 years ago
In the Case Study "Osmosis is Serious Business" the young farmer believed that adding more fertilizer to the soil would help his
andre [41]

Answer:

Hypertonic soil

Explanation:

In the case study, the young farmer added 60% more fertilizer believing that more fertilizer would simply cause the plants to grow faster. He thought that, since fertilizer helps plants grow, more fertilizer would simply accelerate the processes. He created, however, a hypertonic soil environment rich in potassium and phosphorous, causing the water to leave the corn cells to go to the soil (osmosis effect) leaving them to wither.

4 0
2 years ago
Vermeillen Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the
Delicious77 [7]

Answer:

1 ) Variable Overhead Rate Variance = ( SR - AR )* AH

                                                         = ( $21 - $20) 3,500

                                                        = $3,500 Favorable

2 ) Labor Rate =  ( SR - AR )* AH

                      =  ( $24 - $24.9) 2,290

                      =$2,061 U

Explanation:

TOTAL =  Standard cost - Incurred cost

Standard Cost = $70,000 + $4,550

                        = $74,550

Standard Rate = $74,550 / 3,550

                        = $21

cost incurred = AR * machine hours

cost per machine hour = $70,000/3,500

                                      =$20

2) Labor Rate =  ( SR - AR )* AH

                      =  ( $24 - $24.9) 2,290

                      =$2,061 U

AR = $57,021/2,290 = $24.9

AR = Actual Rate

SR = Standard Rate

AH = Actual hours

8 0
2 years ago
Rodeo ranch's agent slim is authorized to draw checks on rodeo ranch's account in town bank. upper range corporation is a rodeo
swat32
<span>The party most likely to suffer the loss is Rodeo Ranch. In agency law, an agent can be authorized to enter into contracts with third parties on behalf of the principal party. Here, Rodeo Ranch is the principal, and Slim is the agent of Rodeo Ranch. Slim has entered into a contract with a third party (Upper Range) on behalf of Rodeo Ranch, which makes Rodeo Ranch liable.</span>
5 0
2 years ago
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