ch7-3

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Hello, May you please help me with this following question please and thank you.

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2. An automobile GPS system is sold to stores at a wholesale price of $97. A popular store sells them for $179.99. What is the store's markup? 3. A CD storage rack is sold to stores at a wholesale price of $18. a. If a store has a $13 markup, what is the retail price of the CD rack? b. Find the percent increase of the markup to the nearest percent. 4. A bicycle sells for a retail price of b dollars from an online store. The wholesale price of the bicycle is w. a. Express the markup algebraically. b. Express the percent increase of the markup algebraically. pobiji bai

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please help? answer given on chegg not sufficient? need a better layout

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i want to answer of this Question of Accounting Subject please solve it fast as posible

II. TRUE OR FALSE Directions: Read each sentence carefully and determine whether the statement is TRUE or FALSE Write your answers on the space provided before each number. 1. liventory is the most importaní asset of a merchandising firm. 2. The sales journal can be used to record sales with immediate cash payments. 3. Under the sale term /10, net 30, the discount is valid until the 10th dav from the date of purchase. 4. Inventories are assets acquired which are held for sale in the ordinary course of the business. 5. Postings to the ledger shall be made on a chronological! order. 6. Information in subsidiary ledgers may come from special journals or the general journal. 7. Paying freight on merchandise sold increases the business' total assets. 8. The purchase of merchandise will increase cost of goods sold under the periodic inventory system, regardless of whether the purchase vas made on cash basis or on account.

124. Which of the following businesses is most likely to use a periodic inventory system? A. An aircraft manufacturer. B. A supermarket that is part of a national chain. C. An independently owned art gallery with a manual accounting system. D. A beer bar.

kau.3

please quickly  i just need answer  thanks! 13 Company A sold supplies to Company B. After receiving the supplies, Company B found that some supplies were polluted. After negotiating with Company A, Company B returned 30% of the total supplies back to Company A? Which of the following accounts should be credited for Company B? A, Inventory B, Purchase return and allowances C, A/P D. Sales return and allowances

P6.8, Can this question be done in excel? Thank you.