Marcus owns a furniture store where he sells desks for $450.00 each. If he maintains a markup of 40% on the selling price, what is the cost of a desk to Marcus? (Accounting Problem) A. $270.00 B. $315.00 C. $630.00 D. $375.00
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- What is the cost of a book to Julia ?Julia Parker works in a local bookstore where she sells books for $195.60 each. If she maintains a markup of 35.7% on the selling price, what is the cost of a book to Julia? (Accounting Problem)Home Depot sells a couch for $250.50. The dollar amount of markup on the couch is $95.72. Round all dollar values to two decimal places and percentages to two decimals (i. e 34.56%). a. What is the cost to Home Depot? [1 pt] b. What is the markup on selling percentage? 1pt
- 2 A storekeeper bought merchandise for $2940. If she sells the merchandise at 16% above cost, how much gross profit does she make? Her gross profit is $ (Type an integer or a decimal)A clothing merchant purchases a shipment of clothes for $37,000.00 with discounts of 11% and 5%. He sells it to a customer at a price which includes 21% profit on cost and overhead expenses of 23% on cost. a. How much did it cost him to purchase the container of clothes? $0.00 Round to the nearest cent b. What was the selling price of the container of clothes? 50.00 Round to the nearest cent c. Calculate the break-even selling price. 50.00 Round to the naarast cantNeed answer the financial accounting question please answer do fast