Author Question: Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's ... (Read 95 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
Lisa and Joseph own a lighting store. Last year, their net profit was 245,000. If last year's operating costs were 629,501, what were last year's gross profits?

Question 2

An item has a retail price of 35.99. If the markup amount is 11.19, what is the cost?



pikon

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

874,501;
629,501 + 245,000 = 874,501

Answer to Question 2

24.80;
35.99 - 11.19 = 24.80



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

For a complete list of videos, visit our video library