What was the regular selling price of one cd

Assignment Help Accounting Basics
Reference no: EM132864989

Question 1: A CD shop offered a markdown of 10% during its year-end sale. The record outlet paid Php200 for one CD and the expenses is 15% of the selling price. To achieve a profit of 12% of the selling price, what was the regular selling price of one CD? What was the sale price? How much is the profit or loss.

Reference no: EM132864989

Questions Cloud

What the balance in the share capital account would be : What the balance in the Share Capital account would be? Contact Ltd issued a prospectus offering 80 000 ordinary shares at an issue price of $7.00 each
What is the present worth today of the cost of this mistake : If an estimated $10 000 of assets per year were misclassified, what is the present worth today of the cost of this mistake
What is the carrying value of the bonds as of december : What is the carrying value of the bonds as of December 31, 2020? Suarez Corporation issued 11% bonds in the face amount of P2,000,000 that mature on June 30.
What is the future value : Question - What is the future value of $6,300 cash receipts per year at the end of each year for 5 years, the discount rate is 6%
What was the regular selling price of one cd : To achieve a profit of 12% of the selling price, what was the regular selling price of one CD? What was the sale price? How much is the profit or loss.
What liverpool co will record : Co invested in 40% in Arsenal. If the assets revaluation surplus balance of Arsenal (OCI) has increased by 50000 on 30/6/2014. Liverpool. Co will record
What will be the increase in John monthly gas bill : The heating degree-days value for a month is found by first subtracting the average temperature for each day from 65 degrees. What will be the increase in bill
What alma will recognize : And plant that its fair value 100000 and carrying value 60000. If the useful life of plant 4 years and tax rate was 30%. Alma will recognize
What is the balance of investment in associate : Paid dividends of 20000. And the assets revaluation surplus increased by 30000. At 30/6/2014 what is the balance of investment in associate (Arsenal)?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What rate of return are you earning on the loan

In addition, he will make a final lump-sum payment of $130 three years from today. What rate of return are you earning on the loan

  How much did shareholders initially invest in the business

How much did shareholders initially invest in the business?How much was Baltimore's net income?How much was Baltimore's revenue for the year?

  For what reasons might beaverhead creek

Beaverhead Creek Inc. bottles and distributes spring water. On March 4 of the current year, Beaverhead Creek reacquired 5,000 shares of its common stock at $90 per share.

  What is the present worth of each project

Tempura, Inc., is considering two projects. Project A requires an investment of $70,000. Estimated annual receipts for 20 years are $22,000.

  Statement of revenues and expenditures

A government's Statement of Revenues, Expenditures and Changes in Fund Balances reflected proceeds of bonds in the amount of $1,000,000. That statement also reflected expenditures for debt service in the amount of $3,000,000, including $2,600,000 ..

  What would be the total manufacturing cost for the company

Congress Manufacturing is currently working on two jobs. The job order cost sheets for Job 101 and Job 102 showed the following information.

  What margin of safety expressed as a percentage of sales

If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, what is the margin of safety expressed as a percentage of sales

  Prepare the liabilities section of pedricks balance sheet

Identify which of the above liabilities are likely current and which are likely longterm. Say if an item fits in neither category. Explain the reasoning for your selection.

  Determine the amount troyer should report on its december

Troyer's long  term available  for  sale portfolio at December 31, 2012, consists of the following.

  What are some disadvantages for today society

What are some disadvantages? Although online banking is convenient, especially in today's society with new technology and the available 24/hr access

  The divine merchandising corporation began march operations

the divine merchandising corporation began march operations with merchandise inventory of 6 units each of which cost

  What is joey desired rate of return on this lease

Joey Co. leased equipment to Legoria Co. on April 1, 2017. What is Joey's desired rate of return on this lease

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd