Manufacturer of skateboards offered a 5/2/1 chain discount to many customers. bob's sporting goods ordered 20 skateboards for a total $625 list price.
a. what was the net price of the skateboards? (round to the nearest cent.) net price $
b. what was the trade discount amount? (round to the nearest cent.) trade discount $
Final answer:
To find the net price, each successive discount of 5/2/1% was applied to the initial $625 list price, resulting in a net price of $575.86. The trade discount amount is calculated by subtracting the net price from the list price, which equals $49.14.
Explanation:
To solve Bob's Sporting Goods' problem regarding the net price and trade discount of the skateboards, we need to understand the chain discount of 5/2/1 offered by the manufacturer and apply it to the list price of $625.
First, calculate the successive discounts on the list price. The first discount is 5%, the second is 2%, and the third is 1%.To calculate the net price after the first discount: $625 * (1 - 0.05) = $593.75.Then, apply the second discount: $593.75 * (1 - 0.02) = $581.88.Finally, apply the third discount: $581.88 * (1 - 0.01) = $575.86.The net price of the skateboards is therefore $575.86, rounded to the nearest cent.To find the trade discount amount, subtract the net price from the list price: $625 - $575.86 = $49.14.The net price of the skateboards for Bob's Sporting Goods is $575.86, and the trade discount amount is $49.14.
The decline of newspapers raises concerns because in comparison to television news, newspapers tend to contain more
No country on the globe is so happily situated... which document is this excerpt referring to
Answer:logos
Explanation:from a-pex
Bram buys a bulldozer from construction equipment corporation, which he leases to earth movers, inc. in this situation, the lessee is
Scientists in _______ discover new products and processes and improve current technology.
legal services
research and development
cooperate management
marketing
Ragu, a spaghetti sauce maker, has decided to launch its most popular sauce flavors in a small pouch format that is more convenient to use. when they choose to launch their most popular sauce flavors, which are “tried and true”, instead of new flavors, ragu is seeking to minimize consumers' perception of ________.
In the presence of shortages, why would a firm, such as a restaurant with people waiting for a table or a theater with people waiting for a ticket, not raise prices when doing so would seem to increase profits?
Elaine is upset with her group members because she wanted to lead the group but is not allowed to. She found that other group members are also finding it difficult to adjust in their roles. Which stage of group development is Elaine’s group going through?
Using Tuckman’s stages of group development, we know that Elaine’s group is going through a stage called storming.
In this stage of group development, aside from having difficulties in adjusting to their roles, Elaine’s group and group members would also experience disagreements regarding priorities, tensions between one another, hostility with each other, and there would also be cliques forming inside the group.
Answer:
storming
Explanation:
plato
Francine installed a new pool for $11,320 using a 12-month deferred payment plan with an interest rate of 20.67%. what is the balance after the deferment period if payments of $436 are made each month?
What is the most accurate method for preventing adverse effects associated with the use of digoxin?
Syngman Rhee was not successful doing which of the following? Rebuilding China after the wars Increasing production of China Driving the Communist out of Indo China Negotiating a peace treaty with China
Driving the Communist out of Indo China
In 1964, republican party presidential nominee ________ was in favor of less taxation and less government regulation of the economy-two ideas that became major themes for the modern republican party.
Worldcom cooked its books by ________. the net effect of this was to make a huge loss look like a sizable profit.
Yet a fever, when allowed to run its course, is actually ____________ .
The demand for a good is inelastic with respect to price if the price elasticity of demand is:
List and briefly explain five activities for which a purchasing department normally has responsibility
What factors are held constant along a given demand curve for a good?
a. the price of the good
b. the technology used to produce the good
c. the supply of the good
d. consumer incomes and the prices of other goods?
Research suggests that the most important determinant of new product success is:
The answer is managerial behavior. It is because this is the most important determinant of new product success because of its application and function of having to provide an increase with the participation of employees and the products that are being consumed by the consumers.
Which of the following defines market research?
A: The process of collecting, storing, and retrieving data in electronic files.
B: The process of dividing a market into categories of of customer types.
C: The process of fixing, adapting, and communicating the nature of the product itself.
D: The study of consumer needs and wants, and the ways in which sellers can best meet them.
Garza company had sales of $144,200, sales discounts of $2,175, and sales returns of $3,460. garza company's net sales equals:
Garza Company's net sales are calculated by subtracting sales discounts and sales returns from the total sales, resulting in net sales of $138,565.
The student has asked to calculate the net sales for Garza Company. To compute the net sales, we must subtract both sales discounts and sales returns from the total sales. Here, Garza Company's total sales amount to $144,200, sales discounts are $2,175, and sales returns are $3,460.
Net sales = Total sales - Sales discounts - Sales returns
Net sales = $144,200 - $2,175 - $3,460
Net sales = $144,200 - $5,635
Net sales = $138,565
Therefore, Garza Company's net sales equal $138,565.
Exterminators have observed that their hydramethylnon-corn syrup baits initially work for attracting cockroaches, but the effectiveness lessens over time. does this mean that the aversion trait evolves in the cockroach populations exposed to the bait
It's possible that the cockroaches are evolving a resistance to the poison in the baits. This is a process known as natural selection, similar to observed resistance in other insects such as fruit flies and mosquitoes. Over time, resistant individuals proliferate and the effectiveness of the bait decreases.
Explanation:The fact that hydramethylnon-corn syrup baits initially work for attracting cockroaches, but the effectiveness lessens over time suggests a possible development of resistance in the cockroach population, which is a biological phenomenon that could be understood within the context of evolution. When a population is exposed to an adverse condition like a poison, individuals with traits that enable them to survive and reproduce in spite of that condition can proliferate, while susceptible individuals are eliminated. Over time, the frequency of the resistant trait can increase in the population, a process known as natural selection.
The concept is similar to the observed resistance to DDT in fruit flies and mosquitos. These insects developed resistance to widely used chemicals and passed these resistant traits onto their offspring. As the resistant population expanded, the effectiveness of the chemicals reduced. A similar phenomenon can occur in the cockroach population when exposed to the hydramethylnon-corn syrup bait consistently. As time goes by, the cockroaches that have traits to avoid or resist the poison will survive and pass these traits on to their offspring, reducing the effectiveness of the bait.
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The correct answer is that the observed decrease in effectiveness of hydramethylnon-corn syrup baits over time could suggest that an aversion trait is evolving in the cockroach populations exposed to the bait.
The logic behind this answer is based on the principles of natural selection and evolution. When a population of cockroaches is exposed to a toxic bait, individuals that have a natural aversion or resistance to the bait are more likely to survive and reproduce. Over time, the genes responsible for this aversion or resistance become more prevalent in the population.
Initially, the bait is novel to the cockroach population, and most individuals do not have an aversion to it. The sweetness of the corn syrup attracts the cockroaches, and they consume the bait, which contains the toxicant hydramethylnon. As a result, many cockroaches are killed, and the bait appears to be effective.
However, with repeated exposure to the bait, the cockroach population undergoes selective pressure. Individuals that are less attracted to the bait or that have physiological mechanisms allowing them to detoxify or tolerate the hydramethylnon are more likely to survive and pass on these traits to their offspring. As these traits are heritable, over successive generations, the proportion of the population with an aversion or resistance to the bait increases.
This process can lead to a decrease in the effectiveness of the bait, as fewer cockroaches are attracted to it or are affected by its toxic properties. The development of such traits is an example of an evolutionary response to control measures, highlighting the adaptability of pest species like cockroaches and the challenges faced in pest management.
In summary, the decrease in the effectiveness of the bait suggests that the cockroach population is evolving, with an increasing prevalence of individuals that either avoid the bait or are resistant to its toxic effects. This is a classic example of how pest control strategies can inadvertently select for traits that make the pests more difficult to control over time.
Magnus meets a woman at a party. she gives magnus her telephone number so he can call her. magnus must enter the number into his phone right away; he has about 15 to 20 seconds before his _____ store is depleted
Answer:
im so confused. im sorry.
Explanation:
What are three main ways to improve a company's economies of scale?
Ugo's promotion to regional manager at sears with a higher salary and more prestige is an example of what type of vertical social mobility?
Gillette modified its fusion shaving system with the addition of proglide, a five-blade shaver with an additional blade on the back for trimming. its shaving products are most likely in the __________ stage of the product life cycle.
Its shaving products are most likely in the growth stage of the product life cycle because they were able to provide a more advantageous product than any other shaving products that has been introduced or has been shown to the consumers.
Collins machinery has used lifo inventory valuation for the past 10 years. over those 10 years, the prices of inventory have continued to increase. this would result in ________ reserve.
A country’s real gdp rose from 500 to 550 while its nominal gdp rose from 600 to 770. what was this country’s inflation rate?
The inflation rate can be calculated by finding the difference between the nominal GDP growth and the real GDP growth, and then dividing it by the real GDP growth. In this case, the inflation rate is 240%.
Explanation:The inflation rate can be calculated by finding the difference between the nominal GDP growth and the real GDP growth, and then dividing it by the real GDP growth. In this case, the nominal GDP rose from 600 to 770, which is an increase of 170. The real GDP rose from 500 to 550, which is an increase of 50. Therefore, the inflation rate is (170 - 50) / 50 = 240%.
Which government agency has the authority to ban or seize potentially harmful products and set severe penalties for violation of the law?
a. the food & drug administration (fda)
b. the consumer product safety commission (cpsc)
c. the federal trade commission (ftc)
d. the environmental protection agency (epa)
e. the small business administration (sba)?
The cost incurred by a firm through the foregone earnings on capital invested is a(n):
Menu costs of inflation: a. are best described as the costs firms incur by having to change prices either on paper or in the computer. b. are the costs involved with only those goods whose prices are rising faster than inflation; this basket of goods represents the "menu." c. literally mean that restaurants are the most affected by inflation because they are constantly printing new menus. d. mean that because we can choose what goods we consume, we have a menu of inflation to choose from and we can "opt out" by consuming a different "basket" of consumer goods. e. are the costs one incurs when shopping for lower prices.
Menu costs of inflation are the expenses firms incur when they have to change prices due to inflation and are best described as the costs businesses face when they need to adjust their prices.
Explanation:The correct answer is option A: Menu costs of inflation are best described as the costs firms incur by having to change prices either on paper or on the computer.
Menu costs refer to the expenses businesses face when they need to adjust their prices due to inflation. These costs are associated with the need to print new price lists, update computer systems, and communicate price changes to customers.
For example, a company might have to print new catalogues or update their website prices, and these expenses add up. Menu costs are one of the many types of costs businesses encounter as a result of inflation.
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