Sound Box Co. is a retailer of premium speakers. Typically, the company purchases a speaker for $300 and sells it for $750. What is the gross profit on this speaker? a. $750 b. $300 c. $450 d. $500
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- What is the gross profitWhat is the final selling price to the consumer of this financial accounting question?a. For how much does Nicolas Appliance Center sell an electric fan? 2. Nicolas Appliance Center has purchased electric fans for Php 800 eac The electric fans are marked up 48% of the selling price. b. What is the rate of markup based on cost?
- 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? 1ptShields Corporation purchases 5 flashlights for $5 each and sells them to customers for $9 each. What is Shield's total gross profit? a. $4 b. $20 c. $25 d. $45 e. $5A company makes pens. They sell each pen for $77.Their revenue is represented by R = 7 x.The cost to make the pens is $33 each with a one time start up cost of $45004500.Their cost is represented by C = 3 x + 4500.a) Find the profit, P, (P = R - C) when the company sells 1000 pens. 7000 -7000 11500 -500 -1500 b) Find the number of pens they need to sell to break even (when R = C). 1125 643 4500 150
- 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? Correct AnswerGive true solution for this general accounting questionA 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 $13.33