Question 4 10 pts Jason's neighbor, an antique dealer, is thinking about buying a 60-year-old rocking chair. He customarily sells antiques for 375% of cost. What price should Joe pay for the rocking chair if he thinks it will sell for $400? © $84.21 O $106 67 O $150.00 O $293.33 « Previous Next »
Question 4 10 pts Jason's neighbor, an antique dealer, is thinking about buying a 60-year-old rocking chair. He customarily sells antiques for 375% of cost. What price should Joe pay for the rocking chair if he thinks it will sell for $400? © $84.21 O $106 67 O $150.00 O $293.33 « Previous Next »
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Transcribed Image Text:Question 4
10 pts
Jason's neighbor, an antique dealer, is thinking about buying a 60-year-old rocking chair. He
customarily sells antiques for 375% of cost. What price should Joe pay for the rocking chair if he
thinks it will sell for $400?
© $84.21
O $106.67
O $150.00
O $293.33
« Previous
Next »
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