What formula can you use in excel to calculate the retail price of products given the...
What formula can you use in excel to calculate the retail price of products given the cost price and % Markup?
e.g. a cost price of 92.70 and a % markup of 20%
Homework Answers
Ans.
To calculate the retail price of products when the cost price and % Markup is given, the formula used in excel is
Selling Price = Cost Price * (1 + Markup %)
For eg if cost price is 92.70 and a % markup of 20%
Selling Price = 92.70 * (1 + 20% ) or 92.70 * ( 1 + 0.2) = 111.24
So write Cost price in cell A 2 and Markup % in cell B 2 then apply formula in cell C 2 = A 2 * (1 + B 2 ) and the result is selling price.
So the formula is Selling Price = Cost Price * (1 + Markup %)
Add Answer to:
What formula can you use in excel to calculate the retail price
of products given the...
The cost price of an antique table is RM 5000. What is the retail (selling) price...
The cost price of an antique table is RM 5000. What is the retail (selling) price and markup if the seller wants a 20% markup based on i. Cost price ii. Retail price. Q2 Mariam's Shop purchased 90 shirts at a cost of RM20 each. The shop expects that 10% of the shirts will be sold at a reduced price of RM15 each. If the shop is to maintain a 75% markup on cost on the entire purchase, find the...
2. Set up an Excel spreadsheet that can be used to calculate the price of a...
2. Set up an Excel spreadsheet that can be used to calculate the price of a call option using the Black- Scholes formula. Assume So is 45, o=40%, the one-year continuously compounded risk-free rate is 2.0% per year, the strike price is 46, and the time to expiration is one-year. a. Use the Excel formula for the cumulative standard normal distribution. b. Set up the spreadsheet so that you can change any of the parameters that are used (S. X...
Please provide answers in excel sheet table. Please provide answers and formula. LU 18-2a RA PRACTICE...
Please provide answers in excel sheet table. Please provide answers
and formula.
LU 18-2a RA PRACTICE QUIZ WİTH WORKED-O Need mon thils 1. From the sollowing, calculate the cost of ending inventory using the the cost ratio to the nearest teath percent: using the real mthod (a Warked-out Solutions January 1-inventory at cost January 1-inventory at retail Net purchases at cost Net parchsses af retail Net sales at retail oam be tound n Appendix B at 19,000 60,000 265,000 392,000...
What retail price should a computer company set for each monitor if the cost for each...
What retail price should a computer company set for each monitor if the cost for each monitor is $125 and the company's expenses are 30% and they hope to make a 10% profit on each monitor? (First ask yourself what is the markup percentage, and then calculate the retail price) 0 200.03 O 180.88 O208.33 0 300.26
Also, what will be the inita retail price of the suit before any markdowns? Based on...
Also, what will be the inita retail price of the suit before any
markdowns?
Based on the following description, please answer Questions 6-7. You are a department manager for women's dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London black woman's suit. You know that her markup is 25 percent of retail. Question 6 3 pts What did the suit cost the buyer when it was purchase from the vendor? (Note:...
Cost 227 221 18. 222 Given the following information, calculate the maintained markup %: 223 Retail...
Cost 227 221 18. 222 Given the following information, calculate the maintained markup %: 223 Retail 224 opening inventory $69,600.00 $145,000.00 225 gross purchases $36,000.00 $75,000.00 returns to vendors $7,200.00 $15,000.00 net purchases $98,400.00 freight $2,000.00 229 total merch handled $100,400.00 CMU = 230 net sales $80,000.00 cost % = 231 net markdowns $12,000.00 232 employee discounts $2,000.00 233 total retail deductions 234 closing book inventory 235 gross cost of merch sold 236 alterations costs $3,000.00 cash discounts $5,500.00 238...
in addition can you tell me what is the price, marginal cost, marginal revenue and profit....
in addition can you tell me what is the price, marginal cost,
marginal revenue and profit.
Price $20 MC $16 $14 $11 $6 MRD Quantity The graph above shows the demand (D), marginal cost (MC) and marginal revenue (MR) single-price monopolist. Calculate the markup. e not include a $ sign in your response.)
NEED EXCEL SOLUTION: EXCEL FORMULA ONLY PLEASE 1. Cost of Equity: Stock quote link Stock price:...
NEED EXCEL SOLUTION: EXCEL FORMULA ONLY PLEASE 1. Cost of Equity: Stock quote link Stock price: $ 65.95 Dividend: $ 1.66 Key statistics link Beta: 1.43 Shares outstanding: 148,610,000 Analysts' estimates link 5-year dividend growth: 6.85% Bond center link: Risk-free rate: 0.13% Market Risk Premium: 7.00% Cost of Equity: Use DDM: r = D/P + g Cost of Equity: Use CAPM: r = rf + B * (Rm - Rf) Please provide Excel solutions for the above two...
Clipboard Font Alignment Number Styles 29 fx 2 B С E А 4 5 Markup Practice...
Clipboard Font Alignment Number Styles 29 fx 2 B С E А 4 5 Markup Practice Problems 6 Calculate the cost price given the retail and the planned MU % 7 Cost $ 8. A pair of sneakers will be ticketed with a retail price of $118.00 and 8 the markup % is 54.0%. What is the cost price for the sneakers ? 9 30 9. What is the maximum cost a buyer can pay for a coat that will...
Please put it excel spreadsheet format and please provide answers and formula. Thank you. LU 8-2...
Please put it excel spreadsheet format and please provide answers
and formula. Thank you.
LU 8-2 PRACTICE QUIZ ive the followding situations (markups based on selling price). Note numbers 1,2 are parallel problems to those in Practice Quiz 8-1 lowing situatio omplete this Practice Qutz to ee how you are dotng 1. Irene Westing bought a desk for $400 from an office supply house. She plans to sellthe desk for $600. What is Irene's dollar markup? What is her percent...
The cost price of an antique table is RM 5000. What is the retail (selling) price and markup if the seller wants a 20% markup based on i. Cost price ii. Retail price. Q2 Mariam's Shop purchased 90 shirts at a cost of RM20 each. The shop expects that 10% of the shirts will be sold at a reduced price of RM15 each. If the shop is to maintain a 75% markup on cost on the entire purchase, find the...
2. Set up an Excel spreadsheet that can be used to calculate the price of a call option using the Black- Scholes formula. Assume So is 45, o=40%, the one-year continuously compounded risk-free rate is 2.0% per year, the strike price is 46, and the time to expiration is one-year. a. Use the Excel formula for the cumulative standard normal distribution. b. Set up the spreadsheet so that you can change any of the parameters that are used (S. X...
Please provide answers in excel sheet table. Please provide answers
and formula.
LU 18-2a RA PRACTICE QUIZ WİTH WORKED-O Need mon thils 1. From the sollowing, calculate the cost of ending inventory using the the cost ratio to the nearest teath percent: using the real mthod (a Warked-out Solutions January 1-inventory at cost January 1-inventory at retail Net purchases at cost Net parchsses af retail Net sales at retail oam be tound n Appendix B at 19,000 60,000 265,000 392,000...
What retail price should a computer company set for each monitor if the cost for each monitor is $125 and the company's expenses are 30% and they hope to make a 10% profit on each monitor? (First ask yourself what is the markup percentage, and then calculate the retail price) 0 200.03 O 180.88 O208.33 0 300.26
Also, what will be the inita retail price of the suit before any
markdowns?
Based on the following description, please answer Questions 6-7. You are a department manager for women's dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London black woman's suit. You know that her markup is 25 percent of retail. Question 6 3 pts What did the suit cost the buyer when it was purchase from the vendor? (Note:...
Cost 227 221 18. 222 Given the following information, calculate the maintained markup %: 223 Retail 224 opening inventory $69,600.00 $145,000.00 225 gross purchases $36,000.00 $75,000.00 returns to vendors $7,200.00 $15,000.00 net purchases $98,400.00 freight $2,000.00 229 total merch handled $100,400.00 CMU = 230 net sales $80,000.00 cost % = 231 net markdowns $12,000.00 232 employee discounts $2,000.00 233 total retail deductions 234 closing book inventory 235 gross cost of merch sold 236 alterations costs $3,000.00 cash discounts $5,500.00 238...
in addition can you tell me what is the price, marginal cost,
marginal revenue and profit.
Price $20 MC $16 $14 $11 $6 MRD Quantity The graph above shows the demand (D), marginal cost (MC) and marginal revenue (MR) single-price monopolist. Calculate the markup. e not include a $ sign in your response.)
Clipboard Font Alignment Number Styles 29 fx 2 B С E А 4 5 Markup Practice Problems 6 Calculate the cost price given the retail and the planned MU % 7 Cost $ 8. A pair of sneakers will be ticketed with a retail price of $118.00 and 8 the markup % is 54.0%. What is the cost price for the sneakers ? 9 30 9. What is the maximum cost a buyer can pay for a coat that will...
Please put it excel spreadsheet format and please provide answers
and formula. Thank you.
LU 8-2 PRACTICE QUIZ ive the followding situations (markups based on selling price). Note numbers 1,2 are parallel problems to those in Practice Quiz 8-1 lowing situatio omplete this Practice Qutz to ee how you are dotng 1. Irene Westing bought a desk for $400 from an office supply house. She plans to sellthe desk for $600. What is Irene's dollar markup? What is her percent...
Most questions answered within 3 hours.
-
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 1 minute ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 1 minute ago -
What does a 2-sided p value of 0.04 mean? (I am not asking if it
is...
asked 14 minutes ago -
A parallel-plate capacitor is made from two aluminum-foil
sheets, each 7.8 cmcm wide and 5.1 mmlong....
asked 16 minutes ago -
1. why is toluene a stronger nucleophile than benzene?
2.why is phenol a stronger nucleophile than...
asked 33 minutes ago -
4. How can you solve for the density of the liquid from the
slope? Please show...
asked 33 minutes ago -
when 2053 j of heat is added to 46.3 g of hexane C6H14 the
temperature increases...
asked 56 minutes ago -
I need new and unique answers, please. (Use your own words,
don't copy and paste), Please...
asked 59 minutes ago -
MCL 445.111 et seq. deals with Home Solicitation Sales.
MCL stands for Michigan Compiled Laws which...
asked 50 minutes ago -
Which of the following items may not create an NOL?
a.
sole proprietorship loss
b.
personal...
asked 55 minutes ago -
A hypothetical solution forms between a solid and a liquid. The
values of the thermodynamic quantities...
asked 53 minutes ago -
a)An ideal heat pump is being considered for use in heating an
environment with a temperature...
asked 56 minutes ago