Evelyn Smith, a customer of Bill Blank, will pay only $125 for a tea set. Assuming Bill works on a 40% markup on the selling price, what is the most Bill could pay the manufacturer for this tea set?
What will be an ideal response?
$75
$125 × .60 = $75.
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During 2009, Cabot Machine Company spent $352,000 on research and development costs for an invention. This invention was patented on January 2, 2010, at a nominal cost that was expensed in 2010 . The patent has a legal life of 1 . years and an estimated useful life of 8 years. In January 2014, Cabot paid $32,000 for legal fees in a successful defense of the patent. Amortization for 2014 should be
a. $2,462. b. $8,000. c. $32,000. d. $52,000.
A supporting sentence A) must relate to the topic sentence
B) reveals the main idea of a paragraph. C) is usually the first sentence of a paragraph. D) is usually the last sentence of a paragraph.
“The entire purchasing process or cycle” refers to the concept of _______.
a. sourcing b. supply management c. purchasing d. procurement
A general agent may transact business that is outside the scope of his or her express authority.?
Indicate whether the statement is true or false