RIO is a retailer of smart televisions. Typically, the company purchases atelevision for $1,200 and sells it for $1,500. What is the gross profit margin on this television?
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RIO is a retailer of smart televisions. Typically, the company purchases atelevision for $1,200 and sells it for $1,500. What is the gross profit margin on this television?
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- RIO is a retailer of smart televisions. Typically, the company purchases atelevision for $1,200 and sells it for $1,500. What is the gross profit margin on this television? General AccountRIO is a retailer of smart televisions. Typically, the company purchases atelevision for $1,200 and sells it for $1,500. What is the gross profit margin on this television? Correct AnswerPixel Vision Ltd. is a retailer of premium drones .Typically, the company purchases a drone for $750 and sells it for $1,250. What is the gross profit on this drone?
- Smitty's pays $423.73 to a wholesaler for each DVD player they buy. Their operating expense is 33% of the selling price and their desired operating profit is 38% of the selling price, for each DVD player. What selling price should Smitty's advertise for a DVD player? Answer: Check What is the selling price of an item that costs the retailer $2303.95 where the gross profit margin is 22%? Answer: 2949.06 XA wholesaler purchases widgets for $8 per unit from the manufacturer and sells it to retailers who then sell to consumers. The wholesaler marks up by 20% on the retailer purchase price, while the retailers mark up by 25% on the wholesaler selling price. Here, the retail selling price to the consumer is: O $12.00 O $12.80 All the other 4 answers are correct. $12.50 O $13.33A small company manufactures a certain item and sells it online. The company has a business model where the cost, C in dollars, to make x items is given by the equation C = 20/3 x + 50. The revenue R , in dollars , made by selling x items is given by the equation R = 10x. How many items must the company sell in order for the cost to equal their revenue?
- Assume you want to purchase a used MacBook pro which is priced at AED 4,500. You are able to negotiate and purchase it for AED 4,300. However, you think that the macbook is worth AED 4,200. According to historical cost principle, what is the actual cost of the item?2. 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 baiWhat is the gross profit on this speaker ??