Answer:
Explanation:
Firs, find the markup amount in dollars;
Markup amount = Cost * markup rate
Cost = $22
markup rate = 30% or 0.30 as a decimal
Markup amount = 0.30*22 = $6.6
Next, find the retail price using the markup amount calculated above;
Retail Price = Markup amount + cost
Retail price = $6.6 +$22
= $28.6
Therefore, the sneakers retail price is $28.6
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<span>Price of each share = $48.80
Broker fee per share = 48.80 * 0.03 = 1.4540
</span>
$48.80 + 1.4540 = 50.2640
50.2640 x 30 = 1,507.92
Answer:
see explanations
Explanation:
First, for 80 room charged at $60 per room ,all rooms are occupied
Let the demand function, expressed by p , the price in dollars charged for each room per day, as a function of x as,
p(x)=$60x ------------where x in the number of rooms
When the price per room is increased by $3, the demand function will be;
p(x)=$63x
Maintenance per room after price increase will be;
p(x)=$16x
This means: $63x -$60x=$16x
3*80 p(x)=16*80
p(x)=(16*80)/(3*80) =5.33
Due to price increase the number of rooms occupied reduced by 5 rooms to 75 rooms. Because of unoccupied rooms bringing no revenue the maintenance cost increased. The demand for room decreased.
Answer: The options are given below:
A. Short term.
B. Operating.
C. Long
D. Finance.
The correct option is D. Finance.
Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.
In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.
Answer:
Option C) Littman's $179 expense will be greater than $100,000
Explanation:
Data:
Littman LLC placed in service on July 29, 2019, machinery and equipment (seven-year property) with a basis of $600,000. Littman's income for the current year before any depreciation deduction was $100,000
From the options, In order to minimize depression, Littman's $179 expense will be greater than $100,000. This will come from the profit loss reconciliation. Hence option C will be the correct option in this case.