Your friend is shopping with you and also decides to purchase a women's coat for $180.00...
Your friend is shopping with you and also decides to purchase a women's coat for $180.00 (original price). The item is also on sale for 60% off the original price. The coupon she received in the mail also allows her to take an additional 15% off the sale price.
Another friend decides to purchase a pair of jeans for 90%. This item is also on sale for 60% off the original price with an additional 15% off the sale price.
Does the amount of savings depend on the price? Support numerically.
Homework Answers
The original price of women's coat = $180.00
The item is on sale for 60% off the original price, the sale price become= $180 - (60% of 180)
The coupon received in the mail allows taking an additional 15% off the sale price, after 15% on sale price the price of the women's coat becomes = $72 - (15% of 72)
Hence the total saving on women's coats =Original price - Price after all discounts
= 180 - 61.2
= $118.8
The original price of pair of jeans = $90.00
The item is on sale for 60% off the original price, the sale price become= $90 - (60% of $90)
The coupon received in the mail allows taking an additional 15% off the sale price, after 15% on sale price the price of the pair of jeans becomes = $36 - (15% of 36)
Hence the total saving on pair of jeans =Original price - Price after all discounts
= 90 - 30.6
= $59.4
Hence, we can observe that the savings on women's coat ( original price $180) is more than pairs of jean( original price $90), though the discounts were the same. So, we can conclude that the amount of savings depend on the price.
Add Answer to:
Your friend is shopping with you and also decides to purchase a
women's coat for $180.00...
Suppose you wanted to purchase a pair of boots. The original price is $59.99. They are...
Suppose you wanted to purchase a pair of boots. The original price is $59.99. They are on sale for 50% off the original price. You will then receive an extra 15% off the sale price. a. First calculate the sales price by taking 50% off the original price and then take 15% off the sale price. What is the price of the boots after you apply both discounts? b. How much did you save? c. What is your overall percentage...
Background: During your first business class, you saw the opportunity to bring white paper squares to...
Background: During your first business class, you saw the opportunity to bring white paper squares to the Salisbury University market. On a whim, you started manufacturing low quality, thin, white, flexible squares of paper. Shockingly, your business took off and the company was successful in competing in a saturated market. Seeing the need for diversification, you launched a new specialty product with the hope of increasing sales and setting the business apart. With moderately good recording keeping and a solid...
2) prepare the T-accounts. To complete the journal entries, do not forget that you need to...
2) prepare the T-accounts. To complete the journal
entries, do not forget that you need to make the adjusting entries
per the descriptions of transactions in the project
document.
3) The last tab in the Excel template is for you to
prepare the unadjusted trial balance, as well as the adjusted trial
balance. Note that you need to enter all the adjustments in the
worksheet.
4) The last step of the project is to make the closing
entries. You shall...
please help answer these Financial Analysis Exercise #1 You are the newest Financial Analyst in Investments,...
please help answer these Financial Analysis Exercise #1 You are the newest Financial Analyst in Investments, you need to demonstrate your prowess in Excel, your outstanding written skills and ability to communicate. Mr. Richards is the Executive Vice President and Chief Investment officer in your new firm. You are being asked to complete a series of “pet” projects for Mr. Richards. You have been told not to try to impress him, just do the work and stick to the facts....
In 1985 Bill Thomas took $6,000 of his savings, borrowed another $4,000 from his best friend,...
In 1985 Bill Thomas took $6,000 of his savings, borrowed another $4,000 from his best friend, and opened a bike rental business in Vienna, VA. The rental shop is adjacent to the Washington & Old Dominion Trail (W&OD) that goes from Purcellville to Old Town Alexandria (45 miles), connects to the Mt Vernon Trail (18 miles) and ends at George Washington’s Mt Vernon Estate. Bill, bought 10 bikes for his first store. The location has parking, and is near the...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers out of his college dorm room in 1984,...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
Adjustment information as of September 30, 2013 not already given in original transactions: Joe was very...
Adjustment information as of September 30, 2013 not already
given in original transactions:
Joe was very conscientious in checking his customers' credit
history. However, while at the Nevada State Boat Show, he learned
that it is customary within the pleasure boating industry for
retail boat sales to suffer bad debt losses equal to 5% of
credit sales. Joe decides that it is prudent to
use the 5% industry-wide standard until he has more experience with
his own business and customers....
Questions: For Kroger deposits in transit: What is the account titled Store deposits in-transit (refer to footnote...
Questions: For Kroger deposits in transit: What is
the account titled Store deposits in-transit (refer to footnote 1)?
This is not an account you will find on the majority of company
financial statements. Why does Kroger include this account? Is it
odd that this account is larger than the cash balance? How do you
explain this?
Information Needed to Answer Questions:
Jan. 28, 2017 Jan. 30, 2016 $322 910 1,649 7,852 (1,291) 898 $ 277 923 1,734 7,440 (1,272) 790 9,892...
Part B. Gross Income Inclusions & Exclusions For each Q-6 through Q-19 below, determine whether the...
Part B. Gross Income Inclusions & Exclusions For each Q-6 through Q-19 below, determine whether the item described should be INCLUDED IN or EXCLUDED FROM the Gross Income of the taxpayer who receives the item. • Darken Box A on the Scantron sheet if the item should be INCLUDED IN gross income • Darken Box B on the Scantron sheet if the item should be EXCLUDED FROM gross income 6. $25,000 scholarship for tuition and books received by a full-time...
Founded in 2006 by Blake Mycoskie, TOMS Shoes was an American footwear company based in Santa...
Founded in 2006 by Blake Mycoskie, TOMS Shoes was an American footwear company based in Santa Monica, California. Although TOMS Shoes was a for-profit business, its mission was more like that of a not-for-profit organization. The firm’s reason for existence was to donate to children in need one new pair of shoes for every pair of shoes sold. Blake Mycoskie referred to it as the company’s “One for One” business model. While vacationing in Argentina during 2006, Mycoskie befriended children...
2) prepare the T-accounts. To complete the journal
entries, do not forget that you need to make the adjusting entries
per the descriptions of transactions in the project
document.
3) The last tab in the Excel template is for you to
prepare the unadjusted trial balance, as well as the adjusted trial
balance. Note that you need to enter all the adjustments in the
worksheet.
4) The last step of the project is to make the closing
entries. You shall...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
Adjustment information as of September 30, 2013 not already
given in original transactions:
Joe was very conscientious in checking his customers' credit
history. However, while at the Nevada State Boat Show, he learned
that it is customary within the pleasure boating industry for
retail boat sales to suffer bad debt losses equal to 5% of
credit sales. Joe decides that it is prudent to
use the 5% industry-wide standard until he has more experience with
his own business and customers....
Questions: For Kroger deposits in transit: What is
the account titled Store deposits in-transit (refer to footnote 1)?
This is not an account you will find on the majority of company
financial statements. Why does Kroger include this account? Is it
odd that this account is larger than the cash balance? How do you
explain this?
Information Needed to Answer Questions:
Jan. 28, 2017 Jan. 30, 2016 $322 910 1,649 7,852 (1,291) 898 $ 277 923 1,734 7,440 (1,272) 790 9,892...
Part B. Gross Income Inclusions & Exclusions For each Q-6 through Q-19 below, determine whether the item described should be INCLUDED IN or EXCLUDED FROM the Gross Income of the taxpayer who receives the item. • Darken Box A on the Scantron sheet if the item should be INCLUDED IN gross income • Darken Box B on the Scantron sheet if the item should be EXCLUDED FROM gross income 6. $25,000 scholarship for tuition and books received by a full-time...
Most questions answered within 3 hours.
-
Which of the following pairs of ions have the same electron
configuration?
I: Br− and Se2−...
asked 36 minutes ago -
The Foremost Composite Materials Company is planning a two-day
sales conference for October 19-20. The conference...
asked 58 minutes ago -
3) Illustrate the observed pattern of relatedness of organisms
versus adaptations to specific conditions. This means...
asked 1 hour ago -
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 2 hours ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 2 hours ago -
How would I use switch statements to write a program that will
take an input of...
asked 2 hours ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 2 hours ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 2 hours ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 2 hours ago -
Situation: A building that is 618 m above the ground floor. How
many times would a...
asked 2 hours ago -
help me and discuss one successful and one
unsuccessful international company/busines in Indonesia.whyit
succeed and why...
asked 2 hours ago -
I- Choose the best answer
Which of the following statements about the structure and
packaging of...
asked 2 hours ago