Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item Percent Markup Based on Cost Percent Markup Based on Selling Price Flashlight ____  % 55%

Q: gross margin percent?

A: We know that Gross Profit = ( Sales Revenue - Cost of goods sold)/Sales Revenue

Q: Q. 6. Compute the complement rate and the net price using the complement method. List Trade…

A: The complement rate is the value that remains after deducting the trade discount. Other than this…

Q: Sales (S) Cost of Good Sold (COGS) Gross Profit (GP) Year 1 $ 614,405.00 $ 385,101.00 $ 229,304.00…

A: Gross profit percentage is calculated by dividing gross profit by sales revenue. The markup…

Q: uc

A: Q* = Demand * LT + Safety Stock Safety Stock = Q* - Demand * LT = 204 - (60 x 2) Safety Stock = 84…

Q: Complete the following table: Note: Do not round net price equivalent rate and single equivalent…

A: Working : Net price equivalent rate (in decimals) = (1 - discount 1) x (1 - discount 2) x (1-…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: Computation of selling price is as follows: Selling price: Cost Price+Mark Up Price…

Q: Please correct answer and don't use hend raiting

A: Percent of Sales Method:Step 1: Identify the anticipated level of sales.Step 2: Determine the…

Q: Assume that markup is based on selling price. Find the dollar markup and percent of markup on…

A: Markup Markup is defined as the gross or overall profit on a specific good or service. It is…

Q: Calculate the missing values and express your answers rounded to two decimal places a. b. Cost $0.00…

A: Mark up refers to the amount added to the costs. The formula is Selling Price = Cost + Mark up

Q: Complete the following table: Note: Do not round net price equivalent rate and single equivalent…

A: Net Price Equivalent Rates :— Net price equivalent rate is the rate that represents the net price…

Q: the trade discount and trade discount rate.

A: List Price Net Price Trade Discount Trade Discount Rate 65.00 50.00 15.00 23.08% 115.00 98.00…

Q: Calculate the shortage percent.  Present your answer with a percent sign, rounded to two decimal…

A: The method of manually measuring all of a company's inventory is known as physical inventory.…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: Given Information:Percent markup based on selling price is 46%

Q: How to calculate the list price? O a. List price = Amount of Discount/Rate of Discount O b. List…

A: Discount means the amount which is not required to be paid or received. Discount is deducted to find…

Q: Interpret the chart; A. Moving average interpretation of market phase

A: Moving Averages:  A moving is a computation used to examine information focuses by making a…

Q: 16 3 Use the Accounting Number Format button to format the cells. Date Auto Sales Part Sales Total…

A: Sales refer to the units sold by the companies in order to earn revenue from operations. This is…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: The selling price is the price of the product at which the product is available for sale.

Q: Complete the following table: (Do not round net price equivalent rate and single equivalent discount…

A: The trade discount refers to the discount that a wholesaler provides to a retailer for the goods.…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: Original Sales Price= $55.88 Markdown = $19.38 Markdown percent= (Markdown Value/ Original Sales…

Q: When computing OASDI, consider earnings and current wages and the cap. Scenario 2: Partially Exceeds…

A: The following computations are done for Jordan to calculate OASDI withholdings.

Q: Compute the missing term. Dollar Selling Cost Markup Price $836.60 $535.60 O $301 selling price O…

A: Given, Cost = $836.60 Mark up = $535.60

Q: 1. Find the trade discount and net price. Item List Price Trade-Discount Trade Discount Net Price…

A: The trade discount is the discount that is offered to the all customer and that is fixed percentage…

Q: Period Actual Demand Forecast Demand Error ... RSFE MAD t TS Start up Start Up Start Up 15 1 30 45 2…

A: Formulas used in the table are: For Forecast Demand: Ft= Ft-1+ α(At-1 - Ft-1) Period Actual…

Q: Rate of Amount Rate of Markup Selling of Markup on Price Markup on Cost Selling Price $0.00 $330.00…

A: Amount on markup = [Selling price / (1 + rate of markup)] X MARKUP RATE Markup on selling price =…

Q: 1. Quotation from Avco at Specific Quantities 1 unit @ $85 each 3 units @ $80 each 6 units @ $70…

A: Quantity discount analysis (QDA) refers to a technique used by a buyer to compute incremental cost…

Q: Splish Company is a multiproduct firm. Presented below is information concerning one of its…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: I want the correct answer

A: According to the lower of cost or market rule, inventory is recorded at the lower of either its…

Q: I. Find the trade discount and net price. Round to the nearest cent. Trade Discount List Price Trade…

A: Solution: Trade discount is the discount given on listed price in the normal course of business. The…

Q: III. Find the Net Price rate (or complement of discounts), Net Price, and Total discount. Round to…

A: Trade dscount is the discount which the purchaser gets on any product. One method of calculating the…

Q: ($) ('$) Unit Total Balance Cost in Units 50 Date Explanation Units Cost Jun-01Beginning inventory…

A: FIFO: COGS = 50 units x $1 + 10 units x $1.2 + 40 units x $1.2 + 110 units x $1.4 = $50 + $12 + $48…

Q: Q. 7. Find the complement rates (where none exists, enter an "*") and the net price using the…

A: The amount at which a good or service is sold after deducting all discounts and adding all…

Q: Find the list price of an article that is subject to discounts of 22.35% ,9.25% ,3 % if the net…

A: Discount is a reduction from the cost of an article. The original cost of such article is called…

Q: Determine the Prior Year and Current Year common-size percents for cost of goods sold using net…

A: The ratio analysis helps to analyze the financial statements of the business on the basis of the…

Q: How to adjust EV/Revenue and EV/EBITDA multiples for illiquidity (applying an illiqudity discount of…

A: Valuation multiples are commonly used in finance to estimate the value of a company or asset.…

Q: Calculate the relative distribution percentages for each quality cost category. Round percentages to…

A: Cost of quality is used to define and measure the amount of resources and organization spends on the…

Q: Find the net price for an order of tires with a list price of $19,000 less trade discount of…

A: The net price complement method involves calculating the complement of each discount (which is 1…

Q: 4. Complete the following grid. Submit your answers in a grid/table. Original Retail $20.00 $22.50…

A: The term "markdown percentage" describes the percentage by which a good or service's price has been…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.