« previous next »

Author Question: A buyer's planned sales are 80,000, planned initial markup is 60,000 and planned reductions are ... (Read 121 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jun 29, 2018
A buyer's planned sales are 80,000, planned initial markup is 60,000 and planned reductions are 7,500 . What is the buyer's planned gross margin on the merchandise budget?
 a. 52,500
  b. 72,500
  c. 60,000
  d. 67,500
  e. 87,500

Question 2

When doing next season's merchandise budget, the buyer's planned purchases at retail are 125,000 with a markup percentage of 40 at retail. What is the buyer's planned initial markup?
 a. 50,000
  b. 75,000
  c. 60,000
  d. 96,000
  e. 84,000


canderson530

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

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.

Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction
Dependence of initial velocity on substrate concentration Dependence of initial velocity on substrate concentration
Find the speed after 40.0 min if the initial speed is 3250 rev/min Find the speed after 40.0 min if the initial speed is 3250 rev/min
Schematic drawing of initial/terminal (I/T) lymph vessel. Schematic drawing of initial/terminal (I/T) lymph vessel.
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Structure of a Ribosome

For a complete list of videos, visit our video library