Find the cost and markup of a stove if it sells for $400 and is marked up 100% of the cost.
What will be an ideal response?
Cost = $200; Markup = $200
Cost = 400 / (1 + 1) = 400 / 2 = $200; Markup = 400 - 200 = $200
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Sales were $400,000 . The beginning balance of accounts receivable was $4,500, the ending balance was $8,000 . The amount of cash collected from customers was:
a. $400,000 b. $403,500 c. $408,000 d. $404,500 e. $396,500
The case of Max v. National Credit Co is heard in a trial court. The case of O! Boy! Ice Cream Co v. Refrigerated Transport, Inc is heard in an appellate court. The difference between a trial and an appellate court is whether
a. the proceedings focus on the presentation of evidence and the examination of witnesses. b. the court is appealing. c. the parties question how the law applies to their dispute. d. the subject matter of the case involves complex facts.
Design collaboration is a typical customer relationship management application
Indicate whether the statement is true or false.
How much would Sophie have in her account at the end of 10 years if she deposit $2,000 into the account today if she earned 8 percent interest and interest is compounded continuously?
A) $4,317 B) $4,134 C) $4,451 D) $4,521