A shoe store sells a pair of shoes for $89.95. The cost of the shoes to the store is $46.50. a What is the markup? b. What is the markup rate?
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- General AccountingA retailer buys merchandise from a supplier with an invoice amount of $12,400. The terms of the sale are 5/20, n/30. What is the net amount due (in $) on the order if the bill is paid by the 20th day? Need Help? Food Watch tYou buy a pair of jeans for sale price of $100. The store paid . $40 to its supplier for the pair of jeans. What is the net worth of the store?
- Financial accounting2. An automobile GPS system is sold to stores at a wholesale price of $97. A popular store sells them for $179.99. What is the store's markup? 3. A CD storage rack is sold to stores at a wholesale price of $18. a. If a store has a $13 markup, what is the retail price of the CD rack? b. Find the percent increase of the markup to the nearest percent. 4. A bicycle sells for a retail price of b dollars from an online store. The wholesale price of the bicycle is w. a. Express the markup algebraically. b. Express the percent increase of the markup algebraically. pobiji baiAssume a jeweler paid $1,000 for a watch and sold it for $4,000. What would be his markup based on cost? Show calculations. What would be his markup based on selling price? Show calculations.
- A merchant buys a sweatshirt for $15 and has a dollar markup of $14.95. what is the retail price? $28.95 O $29.95 $30.95 $29.00please help me solve both questionsA certain person bought merchandise for $ 3,500 with conditions or terms of payment of 5/10, n / 30. In order to pay within the discount period, she took out a loan at 6% interest. How much did you save if you used the loan to pay for merchandise that had a cash discount? A. $147.77 B. $163. 92 C. $183. 94 D. $198. 23