Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a business pays $68 for a car seat and wants a 24%

A business pays $68 for a car seat and wants a 24% markup for operatingexpenses...

50.1K

Verified Solution

Question

Basic Math

image

A business pays $68 for a car seat and wants a 24% markup for operatingexpenses as well as a 6% markup for profit. However, customers think thecar seats are ugly, so they are not selling. Management reduces the price ofeach car seat by $30 to get rid of them. Find:A. the selling price $B. the reduced price $C. the percent markdownD. Which one, profit, operating loss, or absolute loss?E. What is the amount of profit, operating loss, or absolute loss? $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Transcription cycle: what are the discrete steps traversed through in a round of transcription?What distinguishes one...

Medical Sciences
1.2K views

Concerning attenuation reflex in ear which of the following is correct a. Protect cochlea from excessive load...

Accounting
1.2K views

Financial Accounting 17th edition chapter 5 5PSA step by step solution Next Job, Inc., provides employment consulting...

Physics
1.2K views

At some instant, a particle is moving along a straight line 2x-3y=2 and its co-ordinates...

Calculus
1.2K views

1 Find the derivative of f x x8 at x 2 1 5 Simplify your...

Algebra
1.2K views

K Graph the solution set of the following system of inequalities x 1 y 1...

Accounting
1.2K views

In September 2023, Callie acquired an asset for $20,000 to use in her...

Accounting
1.2K views

How do you calculate Net operating income using both variable and absorption costing?

Accounting
1.2K views

[The following information applies to the questions displayed below.] What book-tax differences in...

Accounting
1.2K views

Current Attempt in Progress Drake Corporation is reviewing an investment proposal. The initial cost...

Finance
1.2K views

Suppose a stock will pay $10 per share dividend in one year's time. The dividend...

Finance
1.2K views

Question 1. Company IC2S is expected to earn 1250 and 1530 before interest and taxes...