Michelle Sosa sells roofing supplies and equipment to contractors. Michelle marks up all equipment items based on selling price. Her selling price on a pneumatic roofing stapler is $540 . If the cost of the stapler had been $297, what is the markup percent based on selling price?
$540 - $297 = $243 dollar markup;
$243 รท $540 = 0.45 = 45% markup percent based on selling price
You might also like to view...
The combination of financial assistance such as grants with a high level of engagement by the funder is known as __________?
a. earned-income activities b. venture philanthropy funding c. performance measurement d. nonfinancial support
Write a constraint that will ensure that Weithoff purchases exactly two machines
What will be an ideal response?
Jim and Kyle are partners in J&K Sales, which exports technical equipment under a three-year partnership agreement. One year into the term, Congress declares that the equipment can no longer be exported. J&K? A) can continue its business until the end of the three-year term
B) can continue its business indefinitely. C) dissolves immediately unless the partners change its business. D) is immediately subject to criminal prosecution and penalties.
Depository banks holding Eurodollar deposits are ________
A) generally more closely regulated than U.S. banks and are therefore more risky B) generally less closely regulated than U.S. banks and are therefore more risky C) generally more closely regulated than U.S. banks and are therefore less risky D) largely located outside of the European countries and are therefore more risky