A buyer needs 150 blouses to retail at $15 each and 80 shirts to retail at $20 each. She needs to average a 50.5% markup. If she pays $7 for each blouse, how much can she pay for each shirt in order to achieve the planned markup percent?

Answers

Answer 1

Answer:

To achieve the planned markup percent, she can pay for each shirt, the price of:

$18.85

Explanation:

a) Data and Calculations:

Number of blouses to retail at $15 each = 150

Total revenue from blouses = $2,250 (150 * $15)

Number of shirts to retail at $20 each = 80

Total revenue from shirts = $1,600 (80 * $20)

Total sales revenue = $3,850

Average markup = 50.5%

Therefore, the cost of the blouses and shirts = $3,850/1.505 = $2,558

If the cost of blouse = $7 each, the total cost of blouses = $1,050 (150 * $7)

Therefore, the cost of shirts will be equal to $1,508 (2,558 - $1,050)

Then, the cost of each shirt will be equal to $18.85 ($1,508/80).


Related Questions

The area from which employers obtain certain types of workers is known as the: _________
A. labor market
B. region
C. recruiting area
D. supply region

Answers

Answer: A. labor market

Explanation:

The labor market is indeed a market because it operates as a market does. Here the prospective employees offer their services to employers who then buy these services and pay them a wage as compensation.

It is therefore where employers are able to obtain the types of workers that they want because they can advertise their preference then narrow their choices through interviews and other recruitment methods.

On January 10, 2017, a man in Lebanon, Virginia, frustrated with the DMV bureaucracy, paid his DMV bill with 300,000 pennies that he carted into the DMV office in five wheelbarrows. The DMV had to count all these pennies and deposit them into the DMV bank account. After the DMV deposit and assuming a reserve requirement of 7 percent, calculate the initial change in

Answers

Answer:

the requirements are missing, so I looked for them:

a. Money supply. b. Deposits. c. Total reserves. d. Excess reserves.

a. $0

the coins are part of M1 money supply already, so it will not change it.

b. $3,000.

the DMV should deposit the pennies in their account account, therefore, total bank deposits will increase by 300,000¢ /100 = $3,000

c. $3,000

since bank deposits increase by $3,000, total reserves also increase by $3,000

d. $2,790

excess reserves = total reserves - required reserve ratio = $3,000 - ($3,000 x 7%) = $2,790

To use an outline for writing a formal business document, what should you do after entering your bottom-line statement? O A. Move the bottom-line statement to the end of the document. OB. Write a topic sentence for every detail. O C. Enter each supporting detail from the outline on a separate line. O D. Enter each major point from the outline on a separate line. ​

Answers

Answer:

enter each major point from the outline on a separate line

Explanation:

Kk

Answer:

D : Enter Each Major Point From The Outline On a Separate Line

Explanation:

AP3X

pog

One of the draw backs of the profitablity index as a criteria for judging whether to accept a capital investment project is that:_______

Answers

Answer:

It might lead to over-optimistic projections

Explanation:

In simple words, the problem with using profitability index as the index criteria lies with the procedure of estimating it. In order to consider the business situation, the organisational finance group requires to settle with the corporation supervisors.

Leadership may be too enthusiastic about their assignment, so forecasts for cash flow may be too substantial. Consequently, in predicting the profitability index, there may be an uptrend prejudice.

Bonds contain three important pieces of information. These three pieces are the

d.name of the borrower, the repayment date, and the amount due at repayment.

Answers

Where’s the other answer choices?
Wheres the other answer choices. i need to know to help you.

____ demonstrates that management has identified an acceptable risk level and provided resources to control unacceptable risk levels.

Answers

Answer:

Accreditation

Explanation:

Accreditation is usually known as  voluntary process. It occurs when  a private non-governmental organization or agency carry out an external review and gives recognition to a program of study or institution that meets certain pre-determined standards. Accreditation is usually carry out thoroughly and in an organized manner.

A perfectly competitive industry consists of many identical firms, each with a long-run average total cost of LATC = 800 – 10Q + 0.1Q2 and long-run marginal cost of LMC = 800 – 20Q + 0.3Q2. In long-run equilibrium, each firm produces a quantity of ____. 50 40 30 60

Answers

Answer:

50

Explanation:

According to the question, The computation of the quantity produce is shown below:

Here we use the differentiation LRAC to zero

[tex]\frac{\partial LRATC}{\partial Q}=-10+0.2Q=0\\\\ 0.2Q=10\\\\ Q=50[/tex]

From above calculation it can be concluded that the each firm would be produced the quantity of long run equilibrium for 50

Hence, the first option is correct

The scatter plot shows the balance of a loan over the course of two years. Assuming the line of best fit for the given scatterplot is
y=-353.71x + 18,075, after how many months will the balance of the loan reach $0?

Answers

The time that it is going to take for the scatter plot to reach zero dollars is 51 months.

How to solve for the period using the line of best fit.

y=y=-353.71x + 18,075,

We have to set x to be 51

When x is 51,

We have y = -353.71 * 51 + 18,075

Hence at this period the answer would 0

Read more on the line of best fit here:

https://brainly.com/question/1518824

#SPJ2

Answer: D. 51 months

A.

32 months

B.

35 months

C.

47 months

D.

51 months

E.

63 months

Explanation: plato answer

Menard quit his high school teaching job, which paid $60,000 per year, to start a business that prepares students for the SAT exam. His first year in business generated the following revenues and costs: Menard's economic cost of SAT preparation is $____. 20,000 15,000 105,000 100,000

Answers

Answer: $105,000

Explanation:

Maynard's economic cost is the sum of both his implicit and explicit costs.

Explicit costs are the normal accounting costs of running a business which in this case are supplies and employee salaries.

Implicit costs are the opportunity costs which means that this is the benefit foregone from another alternative for the current decision one has made. In this case that would be the $60,000 Menard could have been making from his high school teaching job had he not quit to prepare students for the SATs.

Economic costs;

= Explicit + Implicit costs

= 30,000 + 15,000 + 60,000

= $105,000

Congratulations, You’re Volun-Hired!
A newly formed educational charity wants to create a website, and they have invited you in as a consultant because they don’t have a web developer and would like your advice on what sort of website will work best for their business. This charity could promote literacy in your area, or it could advocate for the promotion of music in education. You could also consider charities that educate the public about a particular interest of yours. You choose!
Identify different types of websites that would be useful for the charity and briefly explain why each is appropriate for this type of business and how each could be used effectively. Think about which coding languages or scripting languages would be necessary or best-suited for their purposes. Depending on what type of website you suggest, you will need to explain different programming languages and their purposes. For example, since you’re creating a website for a charity, you will need to take fundraising into account, right? What else should you consider?
Step 1. For this activity, you should demonstrate your understanding of the basics of web development. In doing so, identify and describe at least three different types of website and explain how and why each is suited for this charity.

3 types of websites Explanation on how and why each is suited for this charity

1.
2.
3.


Step 2. Choose at least four coding or scripting languages that could be used to build the websites and explain why these languages are suitable.

4 Coding and Scripting Languages Explanation on why languages are suitable
1.
2.
3.
4.
Please don't answer unless you know the correct answer.

Answers

Answer:

3 types of websites Explanation on how and why each is suited for this charity

1.Homepages. The homepage is your site’s main hub and serves as the face of a brand. Your homepage helps site visitors get to different areas of the site, and it can also serve as a conversion funnel. Because most people come to you through your homepage, this is where design matters most. It is suited for the charity because it can help people who struggle with getting through websites get through quick and easy.

2.Magazine websites A magazine website features articles, photos and videos that are informational and educational. This way if even a child with limited attention span went to the website could get through it.

3.Educational. usually an interactive website with educational information on any given topic. This is important because the charity is educational. It feels right that the website was informational about what the charity is and everything that it's about.

and the second part is

Step 2. Choose at least four coding or scripting languages that could be used to build the websites and explain why these languages are suitable.

4 Coding and Scripting Languages Explanation on why languages are suitable

HTML. HTML, or Hypertext Markup Language, is primarily used in the creation of the webpage skeleton. It is the most important of the three languages that this post will cover. HTML is responsible for creating the “physical” elements of the webpage. Elements such as links, text, images/video, dividers, and others are inserted into the webpage through HTML.

CSS. CSS is used to style the elements of the webpage that are created through HTML. Colors, fonts, borders, and other characteristics are all controlled through CSS.

Ruby. The Ruby language is completely object-oriented, in that everything is an object. For instance, even the most basic data types, like integers, have methods and instance variables. This provides a greater ability to use method chaining, where many lines of code can be consolidated into one. For example, if you wanted to use three different methods on a string, one way would be to write several lines of code

Explanation:

I figured that sense I finished this assignment just now that I could help you :) I hope this helps

__________ provide financing to new or emerging companies with high profit potential, for example, Uber Car Service. In return, these organizations expect a share of ownership in return for the financing they provide.

a. Venture Capital firms
b. Investment Banks
c. Commercial Banks
d. Hedge Funds

Answers

Answer:

A)Venture capital firms

Explanation:

Venture capital is a form of financing which is a private equity that is offered by Venture capital firms(investors, investment banks) to start up companies. The investors usually gives this to companies with have long-term growth potential. It should be noted that Venture capital firms provide financing to new or emerging companies with high profit potential.

An instance is made in the question which is an Uber Car Service. In return, these organizations expect a share of ownership in return for the financing they provide.

Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment

Answers

Answer:

Dr Cost of Goods Sold $100

Cr Inventory $100

Explanation:

Calculation for the Adjustment

Based on the information given we were told that in a situation where a company has 10 units as inventory A which include a net realizable value of the amount of $50 and a cost of the amount of $60 Under the principle of lower of cost as well as net realizable value the adjustment will be:

Dr Cost of Goods Sold $100

Cr Inventory $100

(10 units x $10 price reduction)

Calculation for price reduction

Cost $60

Realizable value $50

Price reduction $10

You expect to receive an inheritance in 8 years amounting to $250,000. Your discount rate is 6% annually. How much is this investment worth today?

Answers

Answer:

the present value is $156,853.0928

Explanation:

The computation of the present value is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

$250,000 = Present value × (1 + 0.06)^8

$250,000 = Present value × 1.06^8

Now the present value is

= $250,000 ÷ 1.06^8

= $156,853.0928

Hence, the present value is $156,853.0928

Gentleman Gym just paid its annual dividend of $3 per share, and it is widely expected that the dividend will increase by 5% per year indefinitely.
A. What price should the stock sell at? The discount rate is 15%.
B. How would your answer change if the discount rate was only 12%? Why does the answer change?

Answers

Answer: a. $31.5 ; b. $45.

Explanation:

A. What price should the stock sell at? The discount rate is 15%.

The dividend for the first year will be:

= $3 × (100% + 5%)

= $3 × 105%

= $3 × 1.05

= $3.15

Since Price = D1/Ke - g

Price = 3.15/0.15 - 0.05

Price = 3.15/0.10

Price = $31.5

B. How would your answer change if the discount rate was only 12%?

Price = D1/Ke - g

Price = 3.15/(0.12 - 0.05)

= 3.15/0.07

= $45

The answer changed because the discount rate has been reduced which led to the increase in the answer.

Macroeconomic is the branch of economics that focuses on ?

Answers

Answer:

economic principles affecting entire countries

Explanation:

A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is

Answers

Answer:

the amount of cash paid as on July 1 to the bond holder is $2,450

Explanation:

The computation of the amount of cash paid as on July 1 is shown below:

= Par value × rate of interest × semi-annual basis

= $70,000 × 7% × 6 months ÷ 12 months

= $2,450

Hence, the amount of cash paid as on July 1 to the bond holder is $2,450

We simply applied the above formula so that the correct value could come

And, the same is to be considered

05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:​

Answers

Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.

Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.

Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.

Choosing the right projects

How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.

Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.

Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.

Many firms offer substantial rebates by mail or coupons for discounts at the point of sale. The people who use the rebates or coupons have ______ than the people who don't use them.
a. greater price sensitivity.
b. less price sensitivity.
c. inverted price sensitivity.
d. the same price sensitivity.

Answers

Answer:

a. greater price sensitivity.

Explanation:

Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.

This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.

Hence, when customers are paying the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.

In this scenario, many firms offer substantial rebates by mail or coupons for discounts at the point of sale. Thus, the people who use the rebates or coupons have greater price sensitivity than the people who don't use them.

A person who offers a bribe to secure a contract that will keep her company from going bankrupt and laying off hundreds of employees may be a(n)

Answers

Answer:

utilitarian

Explanation:

Utilitarian ethics or utilitarianism is a type of moral ethic code that judges actions only based on the final results. In this case, only the outcome matters, the road used to get there doesn't.

Personally, I do not share this philosophy because a person who needs a transplant could just get out and kill someone else just to get some organ. The final outcome is that they live, which is great for them, but they did something bad to reach that outcome.

what is say's law in economics

Answers

Answer:

Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.

According to the rational-actor model, as the benefits of an activity rise a. we should observe fewer people undertaking the activity, because when benefits rise, costs usually rise by more. b. we should observe more people undertaking the activity. c. it is hard to predict how people will react, because some people are often irrational. d. the costs will rise too. e. none of the above

Answers

Answer: b.we should observe more people undertaking the activity

Explanation:

The rational actor model follows the theory of rational choice which believes that the behavior of individual actors make up the social behavior on the society and that the individual actors are all making their own individual decisions.

It should be noted that when there's an increase in the benefits of an activity, this will lead to more people enjoying the benefit as there will be more players.

Therefore, the correct option is B

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be:________
a) 492,000 units
b) 545,000 units
c) 575,000 units
d) 515,000 units

Answers

Answer: d. 515,000 units

Explanation:

If they plan to sell 545,000 units then given those beginning and ending balances of finished goods, they will have to manufacture;

= Sales + Ending balance - Beginning balance

= 545,000 + 63,000 - 93,000

= 515,000 units

The transport layer adds IP addresses to data. True False

Answers

Answer:

I am sure that it's true

Answer:

false

Explanation:

i just did this lesson and guessed true it was wrong

so your corrects answer is FALSE!!!

When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.

Answers

Answer:

D. Defects

Explanation:

In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.

Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.

This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.

A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.

When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.

Which approach is a positive way to deal with conflicts?

Answers

Answer:

trying to evaluate the situation from all diff perspectives

In what type of business organization is each owner personally liable for all
business debts, even if the debts were created by other owners?

A. Proprietorship
B. S corporation
C. Corporation
D. Partnership

Answers

Answer:

A

Explanation:

It is the simplest form of business organization. Proprietorships have no existence apart from the owners. The liabilities associated with the business are the personal liabilities of the owner, and the business terminates upon the proprietor's death.

Your company experienced 20% percent turnover last year. This means 20 percent of people employed at the beginning of the year were terminated or no longer employed by the year’s end. You know that a year from now you will need to have 40 more people in your company to keep up with increasing customer demand. How many employees should you plan on hiring, assuming turnover remains constant?

Answers

Answer:

48

Explanation:

Employee turnover is the rate at which employees leave a company, whether voluntary or involuntary.

In this company, 20 percent of employees leave every year.

If the company intends to have 40 more workers, it should plan to hire the 40 plus an extra 20 percent.

The company should hire 40 plus 20% of 40

=40 + (20/100 x 40)

=40 +(0.2 x40)

=40 +8

=48

The company should hire 48 workers

For the maintenance of the employee turnover ratio of the company constant there will be a need of employing forty (40) and an additional 20% of the total employees to be hired for the same.

The firm will have to maintain the number of employees in such a way that even if the 20% employees leave the company there shall not be need to employ any such further.

The ratio of calculation of such employee turnover ratio to be kept constant will be simple. It can be calculated using the simple formula that is given below.

[tex]\rm Employee\ turnover\ ratio= employees\ to\ be\ hired + additional\ percentage\ of\ employees\ to\ be\ hired[/tex]

So if we put the values in the formula we get the solution as below

[tex]\rm Employees\ to\ be\ hired= 40+ (\dfrac{20}{100}\ x\ 40)[/tex]

Continuing further

[tex]\rm Employees\ to\ be\ hired= 40+ 8[/tex]

[tex]\rm Employees\ to\ be\ hired= 48[/tex]

So the number of employees to be hired for maintaining the turnover ratio to be constant the firm will have to hire 48 in total.

Hence, the correct number of employees to be hired for the maintenance of the ratio, the firm will have to employ 48 employees and 8 employees in addition to the 40 employees required each year.

To know more about turnover ratio, click the link below.

https://brainly.com/question/6955012

You invested in a 3-month certificate of deposit at your bank. Your investment was $1,902, and at the end of the term you will receive $2,178.
a. What is the holding period return (HPR) on your investment? (Round your answer to 2 decimal places.)
b. What is the annual percentage rate (APR)? (Round your answer to 2 decimal places.)
c. What is the effective annual rate (EAR)? (Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The computation is shown below:

a. Holding period return would be

= Income + (End of Period Value - Initial Value) ÷ Initial Value

= 0 +($2,178 - $1,902) ÷ $1,902

= 0 + $276 ÷ $1,902

= 14.51%

b. The annual percentage rate is

For 3 months, the rate is 14.51%

Now

For 12 months, it is

= 14.51% ÷ 3 ×  12

= 14.51 % × 4

= 58.04%

c. The effective annual rate is

= ( 1 + r ÷ m)^m - 1

= (1 + 58.04% ÷ 4)^4 - 1

= (1 + 0.5804 ÷ 4)^4 - 1

= (1 + 0.1451)^4 - 1

= (1.1451)^4 - 1

= 1.719387079 - 1

= 0.719387079 or 71.94%

Allison Corp. has just issued nonconvertible preferred stock (cumulative) with a par value of $20 and an annual dividend rate of 4.25%. The preferred stock is currently selling for $18.75 per share. What is the annual yield or return (r) on this preferred stock

Answers

Answer:

4.5%

Explanation:

Calculation for the annual yield or return (r) on this preferred stock

Using this formula

PVper = PMT / r

Where,

PVper =$18.75

PMT =(4.25%*$20)=0.85

Let plug in the formula

$18.75 = 0.85 / r

r = 0.045*100

r= 4.5%

Therefore the annual yield or return (r) on this preferred stock will be 4.5%

Crane Corporation had net income of $2040000 and paid dividends to common stockholders of $303000 in 2017. The weighted average number of shares outstanding in 2017 was 510000 shares. Crane Corporation's common stock is selling for $36 per share on the NASDAQ. Crane Corporation's price-earnings ratio is

Answers

Answer:

9 times

Explanation:

The computation of price earning ratio is as seen below;

Earning per share = Net income ÷ Weighted average outstanding shares

= $2,040,000 ÷ 510,000

= 4

Price earning per share = Market price per share ÷ Earning per share

= $36 ÷ 4

= 9 times

Therefore, Crane Corporation's price earning ratio is 9 times

Other Questions
who started English education in Nepal and when? Eli wanted to order candy online. Company A is offering 2 1/2 pounds of chocolate for $32.50. How much is Company A charging per pound of chocolate? Summarize the Inca civilization. please help, my time is running out A flower with a firefly gene that makes it glow is an example of selective breeding.true or false People voting on their elected representatives is an example of what constitutional principle Correct the sentences:1-whats the name of the teacher.2-Be sure to visit diana when you are in minnesota? Translate the following equation into a verbal sentence: x + 3 = 2(6 + x) what is meant by byte in computer terminology Northwest Lumber had a profit margin of 5.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE? a. 12.79% b. 13.47% c. 14.18% d. 14.88% e. 15.63% Suppose a retail store was offering 10% off all prices on all goods. The incentive to take advantage of the 10% savings is:_____. What was The Anthology of American Folk Music?A. The place where the term bluegrass was first used to describe atype of music.B. The soundtrack to a popular movie that featured traditionalAmerican music.C. A collection of old recordings that inspired the second folk-musicboom.D. The first important festival for performance of traditional music. Which two groups are most likely the author's intended audience in Heads Up, Humans? A Students B Teachers C Young adults D Older adults E Technology professionals The table below shows the average annual salary of the workers at the PearsonCorporation over the course of time since 1980. Let x represent the number of yearssince 1980 with x = 0 representing the year 1980. Let y represent the average annualsalary of the workers. Complete the slope-intercept form of the equation for the line ofbest fit below with the appropriate value for the slope. When does a person know who they are? Cells identical to original cell is it mitosis or meiosis During the Atlantic slave trade 71 3/7% Express the percent as a fraction in simplest form.please help. Students are given 3 minutes to complete each multiple-choice question on a test and 8 minutes for each free-response question. There are 15 questions on the test and the students have been given 55 minutes to complete it.Test TimeNumber of Time per ItemQuestions (minutes)m315-m815Multiple ChoiceFree ResponseTotalWhich value could replace x in the table?Total Time(minutes)3m557-m23-m8(15 - m)O 8(15) - Britain Leads the WayHow long did it take to travel from New York to London in 1750? 1830?