In October, a hardware store purchased snow shovels for $8 each. The original markup was 50% based on the selling price. In December, the store had a sale and marked down the shovels by 20%. By January 1, the sale was over and the shovels were marked up
15%. In March, the store held a clearance sale of all winter tools by having a final markdown of 60%. What was the final selling price of the shovels? (Round to the nearest cent)
$5.89
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If the federal government has chosen not to regulate an area of interstate commerce that it has the power to regulate under its Commerce Clause powers, this area of commerce is subject to the ________
A) Free Exercise Clause B) Dormant Commerce Clause C) Due Process Clause D) Privileges and Immunities Clause
Which of the following is a relation between the World Bank and the Global Environment Facility (GEF)?
A. The World Bank is responsible for managing the Trust Fund of the GEF. B. The World Bank determines what projects will be funded by the GEF. C. The GEF only funds nations that are members of the World Bank. D. The GEF is considered as the primary developmental arm of the World Bank.
The focus of ______ is to resolve problems between suppliers and buyers before the problems become conflicts.
a. supplier performance management b. supplier process management c. a supplier scorecard d. supplier information management
Which of the following statements about stockturn rate is accurate?
A. It measures how quickly a retailer's inventory sells. B. It is also called inventory turnover. C. It is the number of times the average inventory is sold in a year. D. It is a measure of a retailer's health. E. All these answers are correct.