Homework Answers
(Selling Price for wholesaler-Selling
Price*Expense%-Cost)/Selling Price=Profit %
(S-S*30%-125)/S=10%
=>0.7S-125=0.1S
=>0.6S=125
=>S=125/0.6
=>S=208.3333
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I honestly just don't know how to set up the formulas to get the desired answers....
I honestly just don't know how to set up the formulas to
get the desired answers.
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A buyer places an order for the following items. The merchandise cost is list price less a trade discount of 30% and 15%. Calculate the cost to be paid for the entire purchase order. units list Item purchas ed cost sweaters $35.00 skirts $25.00 jackets 36 $75.00 72 48 An invoice for men's wallets is dated February 7 with terms of 8/10, net 30. The total billed cost of the merchandise is $12,000.00 How much should be paid if the...
I honestly just don't know how to set up the formulas to
get the desired answers.
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price setting: wire solution
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black: $2.80
chrome: $3.60
selling retail in the $9.95-$19.95 range
administrative overhead cost: $95,000 per year
sales value per year $3.6 million
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