This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The children's buyer needs to average a 51 markup. He needs to purchase 300 dresses that will retail ... (Read 99 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Sep 11, 2018
The children's buyer needs to average a 51 markup. He needs to purchase 300 dresses that will retail for 28,200 . He has already placed an order for 148 dresses at 42.00 each (cost) that will retail for 90.00 each. What is the most that he can pay of each of the remaining dresses in order to obtain the 51 markup?
 
  What will be an ideal response?

Question 2

Determine the initial markup percent that will enable the department to achieve a 5.6 profit, using the following figures:
 
  Expenses 38.6
  Markdowns 6.4
  Employee discounts 1.2
  Cash discounts 2.0
  Shortages 1.5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cswans24

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Sep 11, 2018
Answer to Question 1

50.01

Answer to Question 2

47.02


KimWrice

  • Member
  • Posts: 579
Reply 2 on: Sep 11, 2018
Wow, this really help

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and
Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ... Children with Down syndrome have a small head, short, thick neck, flattened face, and a distinctive ...
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
Gender and Play in Children (2 of 2) Gender and Play in Children (2 of 2)
The average percentages by polygraph exams The average percentages by polygraph exams
Average Precipitation Acidities and the Effects of Acid Rain Average Precipitation Acidities and the Effects of Acid Rain
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library