Summit Electronics purchased 5 laptops for $4,000 total (5 × $800) and sold each one for $1,120. What was the markup percent?
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- 6. A buyer purchased 1500 towels at $10 each and 1500 matching face clothes at $5 each. The buyer decided to sell the towel and face cloth as a set for $29.99. What was the markup on this purchase? dedat 825 cach OwnCNBC reported that one in five consumers who purchase bitcoin do so using their credit card. Melissa Gamez purchased a used RV with 20,000 miles for $47,900. Originally the RV sold for $75,000 with a residual value of $21,000. After subtracting the residual value, depreciation allowance per mile was $0.96. How much was Melissa’s purchase price was over or below the below the book value? Note: Input the amount as a positive value. Purchase Price was: The book value by:CNBC reported that one in five consumers who purchase bitcoin do so using their credit card. Melissa Gamez purchased a used RV with 19,000 miles for $46,900. Originally the RV sold for $70,000 with a residual value of $20,000. After subtracting the residual value, depreciation allowance per mile was $0.86. How much was Melissa's purchase price over or below the book value? (Input the amount as positive value.) Purchase price was the book value by
- Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. Shesold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen@ P12,000.00 each unit. What was her profit or loss? Compute the following requirements: a. Gross profit rate b. Operating profit margin rate c. Net profit margin rate d. Return on InvestmentPixel 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? a) $1,250 b) $500 c) $550 d) $750A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of selling price?
- Paula bought a new flotation tank for $8,000. She must pay 5% sales tax and 7% excise tax. The company is shipping the tank, so Paula must also pay a $15 insurance charge. What's the total purchase price of the tank? A. $8,560 B. $8,400 C. $8,975 D. $8,960Hannah has been selling laptops for $300 each that had a cost of $252. By year end the net realizable value of the laptops had fallen to $237. At what value should the company's inventory of laptops be valued on December 31 of current year? Select one: a. $300 b. $237 c. $252 d. There is insufficient information to answer the question.Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a price of P18,000.00 per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen at P12,000.00 each unit. What was her profit or loss? a. Gross profit rate b. Operating profit margin rate c. Net profit margin rate d. Return of investment
- 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?Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a price of P18,000 00per unit. However, a new model of smartphone became available in the market, so she sold the remaining half dozen @P12,000.00 each unit. What was her profit or loss? Compute the following requirements: d Return on Investmentc.Net profit margin ratea Gross profit rateb. Operating profit margin rateA computer dealer paid $695 for a computer and sold it for $1,495. Find the percent markup based on selling price.