The wholesale cost of a speedboat is $11,400. The original markup was 26% based on selling price. Find the final sale price after the following series of price changes: a markdown of 9%, a markdown of 46%, and a markup of 38%. (Round each selling price to the nearest cent)
A) $14,364.00
B) $9,740.69
C) $13,071.24
D) $10,446.90
D
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The entry required to recognize the bad debts expense for 2014 will act to:
a. Increase total assets and retained earnings b. Decrease total assets and retained earnings c. Decrease total assets and increase net income d. Increase total assets and decrease net income
Which of the following is NOT one of the four important contributions an effectively trained company sales force can make to consumer marketing?
A) remind end-consumers about the product B) increase stock position C) build enthusiasm D) conduct missionary selling E) manage key accounts
In many countries, the marketing, economic, structural, information, and technological environments are not developed to the extent that they are in the United States
Indicate whether the statement is true or false
Respondents' inability to remember leads to three types of error. Which of the errors listed below is not mentioned in the text as one of the types of errors created by respondents?
A) telescoping B) creation error C) recall error D) omission error