An old machine with a book value of P 20,000 was traded in in a new similar machine. The new machine, which had a cash price of P 80,000, was purchased for P 62,000 cash plus the old machine. The cost of the new machine was $ 81,000 $ 82,000 $ 80,000 $ 78,000
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An old machine with a book value of P 20,000 was traded in in a new similar machine. The new machine, which had a cash
The cost of the new machine was
$ 81,000
$ 82,000
$ 80,000
$ 78,000
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- A used machine with a book value of P 20,000 was exchanged for a new machine that was similar. The old machine was sold along with the new one for a total of P 62,000 in cash. The new machine cost P 80,000 in cash. The new machine was expensive, costing$ 81,000$ 82,000$ 80,000$ 78,000If the actual reserve is given as 18,000 and the required reserve are 14,000 find the excess reserveA buyer for the exclusive Britique Shop purchased 100 cashmere pullover sweaters at $31each and priced them at $90 retail. Also planned is a purchase of 72 chunky knit wool sweaters to retail at $120each. Departmental goal markup is 67.5%. How much can be paid for each chunky wool sweater?
- Target buys hand sanitizers from the wholesaler at $3 and sells them in their stores at $8. Find the original markup. Now, assume the hand sanitizers does not sell for $8 so the store has to reduce the price by 10%. Calculate the final selling price and the maintained markup.Jonah bought a bracelet at original cost $24 to sell in his handicraft store. The markup was 25% on selling price. a) Find the selling price. (Round to two decimal places if necessary.) b) Find the amount of the markup. GA (Round to two decimal places if necessary.)Eurodollar (Canadian) certificates of deposit: Multiple Choice may be borrowed by anyone who wishes to hold dollars. are Canadian dollars which have been converted into several European currencies. can only be redeemed at Canadian banks or their branches in European countries. can only be redeemed at Canadian banks or their branches in any foreign country.
- A purchaser just paid $32,552.94 for a pickup truck. If 48% was the seller's markup, based on the selling price, then what was the cost of the pickup truck? (Round to the nearest whole dollar.) $15,600 $15,625 $16,928 $17,000Question pinned below I only need question 1A answerHome Furniture paid $65 for a lamp. Expenses are 14% of selling price and the required profit is 21% of selling price. Round ALL answers to the nearest cent if applicable. 1) What is the regular selling price? $ 2) What is the break-even selling price? 3) During an inventory sale, the lamp was marked down 30% on the regular selling price. What is the sale price? 4) What is the operating profit or loss during the inventory sale (use a negative sign (-) for a loss)? $
- The manufacturer of Brand A automobile tires claims that its tire can save 120 gallons of fuel over 56,000 miles of driving, as compared to a popular competitor (Brand B). If gasoline costs $3.50 per gallon, how much per mile driven does this tire save the customer (Brand A versus Brand B)? The savings are S per mile (Round to three decimal places)Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company’s annual fixed costs are $562,500. Prepare a CVP chart for the company.The following table indicates the unit prices (in Rands) and quantities of three goods held in the national warehouse of a DIY (“do it yourself”) store for the years 2020 and 2021. Item 2020 2021 Unit Price (p0) Quantity (q0)) Unit Price (p1) Quantity (q1) Mineral spirits R23.70 30 R27.70 45 10mm spanner R49.00 60 R65.00 50 25mm brush R58.00 30 R63.00 40 Q.8.1 Using 2020 as the base year, compute the price relatives in 2021 for the 10mm spanner and the 25mm brush. Interpret your answers. (8) Q.8.2 Again, using 2020 as the base year, compute the Paasche price index for all of the items for 2021. Interpret your answer.