ComputerScienceExpert

(11)

$18/per page/

About ComputerScienceExpert

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Applied Sciences,Calculus See all
Applied Sciences,Calculus,Chemistry,Computer Science,Environmental science,Information Systems,Science Hide all
Teaching Since: Apr 2017
Last Sign in: 140 Weeks Ago
Questions Answered: 4870
Tutorials Posted: 4863

Education

  • MBA IT, Mater in Science and Technology
    Devry
    Jul-1996 - Jul-2000

Experience

  • Professor
    Devry University
    Mar-2010 - Oct-2016

Category > Math Posted 21 Apr 2017 My Price 8.00

Johnny's bicycle store

Question:

Need answer with work shown ASAP thank you

Question 1

 

Johnny's bicycle store pays $210 less trade discounts of 20% and 6% for bicycles.  The store's overhead expenses are 35% of the cost and their profit is 40% of the cost

a)  What is the regular selling price?   [3 marks]

 

Question 2

Johnny's bicycle store pays $210 less trade discounts of 20% and 6% for bicycles.  The store's overhead expenses are 35% of the cost and their profit is 40% of the cost

b)  What is the rate of markdown if the item is sold at the break-even price?  [2 marks]

 

Johnny's bicycle store pays $210 less trade discounts of 20% and 6% for bicycles.  The store's overhead expenses are 35% of the cost and their profit is 40% of the cost

c)    During a sale, the bikes were marked down 20%.  At the sale price, calculate the store's profit or loss.  [2 marks]

Answers

ComputerScienceExpert
(11)
Status NEW Posted 21 Apr 2017 02:04 AM My Price 8.00

-----------

Attachments

file 1492742120-Solutions file 2.docx preview (51 words )
H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------you-----------r i-----------nte-----------res-----------t a-----------nd -----------buy-----------ing----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n. -----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- qu-----------ick-----------ly -----------onl-----------ine----------- an-----------d g-----------ive----------- yo-----------u e-----------xac-----------t f-----------ile----------- an-----------d t-----------he -----------sam-----------e f-----------ile----------- is----------- al-----------so -----------sen-----------t t-----------o y-----------our----------- em-----------ail----------- th-----------at -----------is -----------reg-----------ist-----------ere-----------d o-----------n -----------THI-----------S W-----------EBS-----------ITE-----------. ----------- Th-----------ank----------- yo-----------u -----------
Not Rated(0)