A company had net sales of ​$318,000. The beginning inventory at retail was ​$124,000 and the ending inventory was ​$150,000. Find the turnover rate at retail.

Q: A movie theater charges ​$9.00 for adults and ​$7.00 for senior citizens. On a day when 316…

A: A movie theater charges  ​$9.00 for adults and  ​$7.00 for senior citizens.   On a day when 316…

Q: During a certain period, the retail price index went up from 120 to 150 and the wage from Rs. 480 to…

A: Given that,  The cost of the retail in the base year =120 The cost of the retail in the current year…

Q: Teresa had a gross income of $91,979 in 2010. What was her net income in 2010? Use the income tax…

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Q: You are selling books. The production cost for each book is $5.65 and you want to earn a profit…

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Q: Calculate the total cost, proceeds, and gain (or loss) (in $) for the stock market transaction.…

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Q: Two investments earn an annual income of $554. One investment earns an annual simple interest rate…

A: Consider x to be amount invested in the 7.3% account then use the given information to calculate the…

Q: If a company sells its product for $30 and has a unit cost of $12, what is the company’s markup…

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Q: 5000 shares of stock were purchased at $25 per share with a 5% broker commission.  The following…

A: 5000 shares of stock were purchased at $25 per share with a 5% broker commission.   They were sold…

Q: When Wei Wei first purchased his savings bond, it was worth $800. Now, years later, it is valued at…

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Q: Conn Man's Shops, a national clothing chain, had sales of $450 million last year. The business has a…

A: Given a data of shales of Conn man's Shops, had a sale $450 million last year. The business has…

Q: 1Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while…

A: Answer is given below

Q: At the start of the year the MLS Company's stock initially sold for $40 per share at the end of the…

A: The formula to find the rate of return is Change in the valueInitial value×100

Q: Linda's Lovely Lizards buys a bearded dragon from a breeder for $9.50 and marks it up 88%. She then…

A: Original price= $9.50 Then she marks it up 88%=0.88. So the price will be (1+0.88)=1.88 times the…

Q: 4. In 1965, the federal debt of the US was about $322.2 billion. During the next 30 years, the debt…

A: Given that: Principal debt in 1965, P = $322.2 billionRate of interest, r=10%Final Debt, F = $750…

Q: Financial Math 2 Binder 3. What is the 4-day SMA for the following closing prices: $37, $34, $38,…

A: From the above given data the following solution is provided below:

Q: Sales last year for a department were $124,560. This year planned sales are forecast to increase by…

A: The sales of last year is $ 124,560.   The increment of 4.2 % in $ 124,560 is:

Q: 12. Vintage Wines has fixed costs of $20,000 per year. Its warehouse sells wine with variable costs…

A: The formula for calculating the break-even point is:Break-even point = Total fixed costs / (Unit…

Q: Carl placed $900 in a brokerage account that has been increasing its value by 16% per year. At the…

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Q: Your pay increased by 5% the first year, 10% the next year, and 15% in the third year. Was the…

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Q: Safelight Corporation projects a year-end net income of $90,000. The net income represents 12% of…

A: Given, Year-end net income=  $90000 Net income represents 12% of its projected annual sales. Let the…

Q: Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss. JANUARY…

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Q: You are saving up to buy something that costs $500. So far, you have earned $315. What percentage of…

A: The objective of this question is to find out what percentage of the total cost of the item you have…

Q: _24. In 1987, the average cost of a ticke -n a privately-owned airline was $149. This mount has…

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Q: A TV cost OMR 140 at E.Max. How much do you pay if E. Max gives a discount of 20%

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Q: A job opportunity selling internet access subscriptions by telephone becomes available. The job pays…

A: We have to find the total commission earned.   According to our guidelines we can do only one…

Q: claims that the sales tax going from 5% to 6% is only increasing the sales tax by 1 percent- age…

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Q: A company had net sales of ​$306,000. The beginning inventory at retail was ​$124,000 and the…

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Q: - The Rockville Recruitment Agency just placed Howard Jacobson in a job as an assistant pharmacist.…

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Q: Jacob is preparing a monthly budget. His net pay is $1,350 every two weeks, and his monthly rent is…

A: 35%  Option A is correct.  Explanation: