Business, 15.07.2021 15:20 tiny2007

Reducing Prices to Move Merchandise Olympic Sports purchased two dozen pairs of 5th Element Adult Aggresive in-line skates at a cost of $1950. Operating expenses for the store are 25% of cost, while total markup on this type of product is 35% of selling price. Only 6 pairs of the skates sell at the original price, and the manager decides to mark down the remaining skates. The price is reduced 25% and 6 more pairs sell. The remaining 12 pairs of skates are marked down to 50% of the original selling price and are finally sold. Required:
a Find original selling price of each pair of skates.
b. Find the total of the selling prices of all the skates.
c. Find operating loss-
d. Find absolute loss.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:40

Astock is selling today for $50 per share. at the end of the year, it pays a dividend of $3 per share and sells for $58. a. what is the total rate of return on the stock? (enter your answer as a whole percent.) b. what are the dividend yield and percentage capital gain? (enter your answers as a whole percent.) c. now suppose the year-end stock price after the dividend is paid is $42. what are the dividend yield and percentage capital gain in this case? (negative amounts should be indicated by a minus sign. enter your answers as a whole percent.)

Answers: 1

Answer

Business, 21.06.2019 21:50

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Answers: 2

Answer

Business, 21.06.2019 22:20

On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

Answers: 1

Answer

Business, 23.06.2019 06:30

Will mark the ! hurry ! drag and drop the ethnic group to identify the country where it is the majority. ethnic groups may be used more than once. match to the right boxcristian greeks. arabs. persiansiran qatar cyprus iraq

Answers: 1

Answer

You know the right answer?

Reducing Prices to Move Merchandise Olympic Sports purchased two dozen pairs of 5th Element Adult Ag...

Questions