Ace Hardware purchased 15 shovels from Skill Company for $7.00 each. Ace's markup is 33% on selling price. What should Ace charge for the shovels? (Round to hundredths.)
What will be an ideal response?
$10.45
S = 7 / (1 - .33) = $10.45
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Auto Parts, Inc. uses a periodic inventory system. Use the following details to calculate net purchases.
A) $23,100
B) $18,900
C) $23,900
D) $20,100
Which of the following actions is a way to reduce the delivery gap?
A. Empowering employees at the firm's lowest level B. Adopting an antagonistic approach toward customers C. Assuming what the customer is about complain D. Reducing instrumental support E. Interrupting customers when they explain their problem
The built-in, fold-down child seats such as those found in Chrysler minivans are an example of a ________
A) dynamically continuous innovation B) nonradical innovation C) competitive innovation D) continuous innovation E) discontinuous innovation
When a party to a contract fails to fulfill all of her promises, she has breached the contract. What will a court look at in responding to a breach of contract?