The wholesale cost of a video game is $459.45. The original markup was 51% based on selling price. Find the final sale price after the following series of price changes: a markup of 24%, a markup of 17%, and a markdown of 10%. (Round each selling price to the nearest cent)
A. $2,224.31
B. $510.45
C. $1,224.31
D. $1,259.73
Answer: C
You might also like to view...
Which of the following is the most effective control activity to detect vouchers prepared for the payment of goods that were not received?
A. Verification of vouchers for accuracy and approval in the internal audit department. B. Comparison of goods received with goods requisitioned in the receiving department. C. Counting of goods upon receipt in the storeroom. D. Matching of purchase order, receiving report, and vendor invoice for each voucher in the accounts payable department.
One of the most common buyer concerns in the field of selling is:
A) lack of need recognition for the product B) personality conflict with the salesperson C) loyalty to another firm D) resistance to price E) customer service
Describe the three main types of discrimination in the workplace.
What will be an ideal response?
Conformity is a particular problem for ______.
A. small businesses B. large organizations C. small groups D. cross-cultural settings