An educational toy store can buy a world globe for $30. If the store owner sells the globe for $45, what is the markup based on the selling price?
A. 15 percent
B. 20 percent
C. 25 percent
D. 33 percent
E. 50 percent
Answer: D
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The interest expense recorded on an interest payment date is increased
a. only if the market rate of interest is less than the stated rate of interest on that date b. by the amortization of premium on bonds payable c. by the amortization of discount on bonds payable d. only if the bonds were sold at face value
Explain the process of grievance arbitration.
What will be an ideal response?
The company is deciding whether to drop product line F because it has an operating loss. Assume that $15,000 of total fixed costs could be eliminated by dropping F. What effect would this decision have on operating income?
Accelerate Rollerblades has three product lines—D, E, and F. The following information is available:
A) Operating income will increase by $35,000.
B) Operating income will increase by $20,000.
C) Operating income will decrease by $5000.
D) Operating income will decrease by $15,000.
The slope of a curve at its highest point equals:
A) 0. B) 1. C) 2. D) 3.