The original price of a hair cut is $27. On Mondays, the price is reduced to $16.20. What is the markdown rate?


40%;
Divide the markdown amount by the original price. $10.80 รท $27 = 40%

Business

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Which of the following illustrates a difference between the Federal Reserve and the Federal Deposit Insurance Corporation??

A. ?The Fed supervises most of the largest banks; whereas the Federal Deposit Insurance Corporation has mostly very small banks under its supervision. B. ?The Fed supervises state banks that do are not the members of the Federal Reserve System; whereas the Federal Deposit Insurance Corporation supervises all financial holding companies. C. ?The Fed supervises national banks that are not in Financial Holding Companies or bank holding companies; whereas the Federal Deposit Insurance Corporation supervises bank holding companies. D. ?The Fed supervises credit unions; whereas the Federal Deposit Insurance Corporation supervises thrift institutions.

Business

Venus Inc., a company designing and marketing branded diamond jewelry, targets wealthy consumers with similar needs and buying behaviors, even though the consumers are located in different countries. This is an example of ________ segmentation

A) intermarket B) loyalty C) life-cycle D) income E) psychographic

Business

In a standard cost system, Work in Process Inventory is ordinarily debited with

a. actual costs of material and labor and a predetermined overhead cost for overhead. b. standard costs based on the level of input activity (such as direct labor hours worked). c. standard costs based on production output. d. actual costs of material, labor, and overhead.

Business

Answer the following statements true (T) or false (F)

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Business