A computer retailer can purchase a discontinued notebook PC for $800 and wants to obtain a 25 percent markup at retail. What retail price should be charged?
a. $800
b. $960
c. $1,000
d. $1,067
d
You might also like to view...
Assume you have applied for two scholarships, a Merit scholarship (M) and an Athletic scholarship (A). The probability that you receive an Athletic scholarship is 0.18. The probability of receiving both scholarships is 0.11. The probability of getting at least one of the scholarships is 0.3. a.What is the probability that you will receive a Merit scholarship?b.Are events A and M mutually exclusive? Why or why not? Explain.c.Are the two events A and M independent? Explain using probabilities.d.What is the probability of receiving the Athletic scholarship given that you have been awarded the Merit scholarship?e.What is the probability of receiving the Merit scholarship given that you have been awarded the Athletic scholarship?
What will be an ideal response?
Which of the following is NOT tracked by scheduling optimization systems used in retail stores?
A) cars parked in the parking lot B) individual store sales C) transactions D) units sold E) customer traffic
Elaine loaned her brother, Mike, $175,000 to purchase a new home. Elaine does not charge Mike any interest on the loan. What are the tax consequences to Elaine and Mike?
A. If Mike has no net investment income, Elaine does not have to treat the forgone interest as a gift. B. Mike can deduct the interest that he is deemed to have paid Elaine. C. Elaine is treated as having made a gift of the forgone interest on the $175,000 loan to Mike. D. Elaine only has to impute interest on $75,000 of the loan to Mike.
Noncumulative zoning permits higher uses in lower?zoned areas
Indicate whether the statement is true or false