James Page works in a local music store where he sells guitars for $144.79 each. If he maintains a markup of 42.4% on selling price, what is the cost of a guitar to James? A. $228.19 B. $83.40 C. $206.18 D. $61.39

Mike purchases a bicycle costing $176.90. State taxes are 5% and local sales taxes are 3% the store charges $20 for assembly. What is the total purchase price in money

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A wholesaler sells a guitar for $1,427.40. What is the percent markup based on cost if the wholesaler paid $780 for the guitar? % Need Help? Read It Watch It Master It

Javier has a worm business in which he buys night crawlers from younger kids for 4 cents each and sells them for $1.25 per dozen. What is the percent markup on cost, to the nearest tenth of a percent?

O e. OMR156.75 Clear my choice non 6 et ered Ali is a student at the University. He recently purchased a car for OMR5,000 to use it for going to the University. Ali also expects that other friends might ask for transportation from him. He expects a total monthly revenue of OMR60. He expects fuel cost to be OMR30 per month. One of Ali's friends is a taxi driver. He offered Ali to take him to University for a monthly fee of OMR10. Because he does not have to drive, Ali believes that he can perform online work ed out of g question that would earn him a monthly revenue of OMR10. What is the differential revenue in this scenario? Select one: O a. OMR20 O b. OMR40 O c. OMR10 O d. OMR30 O e. OMR50 ious page Next page 18

6. Noboru Yonmine sees a surfboard that regularly sells for $179 on sale at 30% oft. How much can Noboru save by purchasing the surfboard during the sale? 7. Eddie's Paint Store has marked down all paint and accessories 40%. Judy Meyers which regularly sell for $14.50 a gallon and two intal discount on Judy's purchases three gallosfpaint brushe purchases nolo on ollit oms Billy Johnson

1. Xavier opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hours, he could have mowed his neighbor's lawn for $40. Xavier has an accounting profit of and an economic profit of a. $50, $10 b. $90, $50 c. $10, $50 d. $50, $90

1. Mr. X, an importer of wheat, imported wheat for Tk. 70. He paid VAT @15%. He sold it to a wholesaler Mr. W for Tk. 100 and collected VAT @ 4.5%. Mr. W sold it to a retailer for Tk. 150 and collected VAT @7.5%. Give necessary journal entries for these transactions. 2. Mr. X, an importer of wheat, imported wheat for Tk. 70. He paid VAT @15%. He sold it to a wholesaler Mr. W for Tk. 100 and collected VAT @ 4.5%. Mr. W sold it to a retailer for Tk. 150 and collected VAT @15%. Mr. W maintains all the necessary documents/records as required by the VAT laws. Give necessary journal entries for these transactions.

ABC Company sells clothes.  They sold a coat for $100.  It cost them $60 to get the coat from the manufacturer.  Cost of Goods Sold would be: Group of answer choices $100 cannot be determined $40 $60