This topic contains a solution. Click here to go to the answer

Author Question: If a retailer buys a product for 30 and sells it for 50, what is the markup percentage, if the ... (Read 45 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
If a retailer buys a product for 30 and sells it for 50, what is the markup percentage, if the markup is based on cost?
 a. 33 percent
  b. 40 percent
  c. 67 percent
  d. 80 percent
  e. 100 percent

Question 2

As a general rule, managers should use the 80-20 rule for endcaps, where 80 percent of items on the endcap are announced sale items, and 20 percent are unannounced sale items.
 
 Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

C

Answer to Question 2

F




HudsonKB16

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library