When increasing sales to present clients without altering a company's product offerings is called Market penetration. Thus the correct option is B.
What is a product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
When an organization intends to increase sales and profits of its current goods or services to its current customers in order to expand its market share, this strategy of market penetration is used.
Therefore, option B is appropriate.
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The complete question is Probably
1) Making more sales to current customers without changing a firm's products is known
as ________.
A) market segmentation
B) market penetration
C) product diversification
D) product development
E) prospecting
The earliest polyphonic music, which grew out of the custom of adding a second voice to an existing chant melody at a different interval, was called:_____.
The earliest polyphonic music, which grew out of the custom of adding a second voice to an existing chant melody at a different interval, was called Organum.
What is Organum.?Organum, can be described in musical instrument that was been used during the Middle Ages in reference to a polyphonic .
It should be noted that this found in the setting, of a certain specific styles, of Gregorian chant, in this case it should be noted that earliest polyphonic music, which grew out of the custom of adding a second voice to an existing chant melody at a different interval, was called Organum.
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Your friend meets you for coffee one day driving a brand new motor scooter. You immediately fall in love with it and offer them $2,000 for it. Your friend politely declines and states they paid $3,000 but goes on to say i may sell you my scooter, if you pay $2,700. If your friend later refuses to go through on the deal, can you hold them liable for breach of contract?.
If your friend later refuses to go through on the deal, No, you cannot hold them liable for breach of contract because there was never any consideration.
This is further explained below.
What is the contract?Generally, A binding agreement that is legally enforceable and that establishes, defines, and controls the parties' respective rights and responsibilities in relation to one another are called a contract.
In most cases, the exchange of commodities, services, or monetary value takes place during the course of a contract, or the parties involved commit to doing so at a later time.
In conclusion, Because there was never any consideration exchanged between the parties, you are not able to hold your buddy accountable for a breach of contract in the event that they subsequently back out of the arrangement.
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CQ
Your friend meets you for coffee one day driving a brand new motor scooter. You immediately fall in love with it and offer them $2,000 for it. Your friend politely declines and states they paid $3,000 but goes on to say "I may sell you my scooter, if you pay $2,700."
If your friend later refuses to go through on the deal, can you hold them liable for breach of contract?
Yes, because there was a valid offer and acceptance.
No, because there was never any consideration.
No, because the value of the scooter is not equal to the value of the agreement.
Yes, because you agreed to pay $2,700.
Explain five importance of transport to a business man
Movement of goods, easy movement of labor, price hike control, profit maximization, and assistance in mass production are the five important of transport to a businessman.
What exactly is transportation?The movement of humans, animals, and goods from one location to another is known as transportation (in British English) or transportation (in American English). In other words, transport is defined as a specific movement of an organism or thing from point A (a location in space) to point B.
Air, land (rail and road), water, cable, pipeline, and space are all modes of transportation. The field is divided into three sections: infrastructure, vehicles, and operations. Transport allows people to trade with one another, which is necessary for civilizations to develop.
Fixed infrastructure includes roads, railways, airways, waterways, canals, and pipelines, as well as terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals can be used for both passenger and cargo interchange and maintenance.
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liz buys a miata from nate’s mazda, paying with a check that is later dishonored. liz offers to sell the car to ogden for cash. with respect to this offer, liz’s title to the car is
liz buys a miata from nate’s mazda, paying with a check that is later dishonored. liz offers to sell the car to ogden for cash. with respect to this offer, liz’s title to the car is valid.
Salespeople who can offer better service than their competitors have an advantage for generating new business and taking away business from the competition.
What are salespeople?The salesperson is in charge of welcoming customers, assisting them in finding what they're looking for, and ringing up purchases. You need to have excellent communication skills to succeed as a salesperson. A successful salesperson achieves their goals while being courteous and helpful to customers.
A salesperson is someone whose primary goal is to close sales of a good or service. The salesperson may or may not truly be enthusiastic about the good or service. The pursuit of financial success is his or her main goal.
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You are an employer seeking to fill a vacant position on an assembly line. Are you more concerned with the average product of labor or the marginal product of labor for the last person hired?.
A market results from the interaction of a marketer’s efforts, economic conditions, and.
A market results from the interaction of a marketer’s efforts, economic conditions, and the elements of culture.
Market circumstances are the variables that affect the housing market in a specific location, including cost of living, demography, supply and demand, interest rates on mortgages, and others.
What are market conditions?
The phrase "market conditions" describes how an industry or economy is doing. The phrase is frequently used in connection with the stock and real estate markets, which are frequently characterized as either turbulent or stable. Many people consider these circumstances as a decision-influencing indication. But not all parties' interpretations of these signs are the same. Additionally, they are typically not reliable for long periods of time without reevaluation because market conditions are rarely constant.The cost of a typical house and the types of property people desire to buy are both impacted by market conditions. The real estate market is significantly impacted by the situation of the economy overall, including factors like the unemployment rate and the price of products and services.To learn more about market conditions visit:https://brainly.com/question/12306775
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David is in charge of buying materials for a clothing manufacturer. He has a list of suppliers and uses a multiattribute matrix to conduct _____ to evaluate those suppliers.
David is in charge of buying materials for a clothing manufacturer. He has a list of suppliers and uses a multiattribute matrix to conduct vendor analysis to evaluate those suppliers.
A company or individual that is selling a good or service is known as a vendor. For their businesses to run smoothly, businesses rely on vendors to be able to meet their needs. Therefore, it is crucial for a business to select providers who can fulfill their needs. Vendor analysis is a procedure used by businesses to evaluate the competence of current or potential providers.
In order to locate the vendor who best meets their company's goals, vendor analysis first determines the strengths and limitations of each potential partner. Every time a business wants to identify a new vendor or assess the performance of one of its current vendors, a vendor analysis is carried out. Let's examine the vendor analysis procedure.
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The question was incomplete, Check below the full question
David is in charge of buying materials for a clothing manufacturer. He has a list of suppliers and uses a multiattribute matrix to conduct _____ to evaluate those suppliers.
A. a vendor analysis
B. a "buying center" analysis
C. a value analysis
D. a "buy classes" analysis
E. a supplier analysis
Agency costs faced by mncs may be larger than those faced by purely domestic firms because:_________
This is so because MNCs are comparatively large having wide operations and more managers handling those operations. It becomes difficult to monitor these managers overseas. Moreover, due to having a different culture in foreign subsidiaries, the managers may not follow the common goals.
What is a Multinational Corporation?A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country.
What is a domestic firm?Domestic firms operate mostly or completely within the United States. They may import supplies or export products, but these activities normally represent a comparatively small share of total business activity. Domestic companies are typically governed by US securities laws.
Multinational corporations (MNCs) may face larger agency problems in comparison to domestic firms. It becomes difficult to monitor these managers overseas. Moreover, due to having a different culture in foreign subsidiaries, the managers may not follow the common goals.
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In the context of managing data flows, the _______ of inventory control seeks to minimize excess capital investment in inventory
In the context of managing data flows, the just-in-time method of inventory control seeks to minimize excess capital investment in inventory.
Just-in-time method of inventory control is an inventory management method in which goods are received from suppliers only as they are needed. Here, the main objective of this method is in order to reduce inventory holding costs and thus increase the inventory turnover.
So rather than producing goods and supplying customers from their company's stock, just-in-time method processes focus on producing exactly the same amount which your customer needs at an exact same time.
Hence, just-in-time is an inventory management strategy which reduces wastage by receiving inventory only as they are needed for production, and not ahead of its time.
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How much combined annual income does livestock ranching and crop production generate for texas? question 3 options: $2 million $200 million $2 billion $20 billion
The aggregate annual income that Texas receives from raising animals and growing crops is $20 billion.
Write about Texas?The state of Texas is referred to when using the word "Texas." Texas is sometimes referred to as the Lone Star State. Austin is Texas's capital.There are roughly 268,596 square miles of people living in Texas's most populous region, which has a surface area of 695,662 km2.Cotton, vegetables, wheat, sorghum, rice, corn, citrus, and sorghum are among the crop items that Texas produces in the highest quantities.Texas exports a significant amount of agricultural products. The total annual income of Texas is about $20 billion.As a result, the combined income that Texas's cattle ranching and agricultural production provide each year is $20 billion.To know more about purchasing power, refer to the following link:
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Suppose the u. S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,600. What interest rate would you earn if you bought this bond at the offer price?.
The interest rate is 6.44%
A = P(1+r)^t
Where;
A = final value of bond
P = Initial value of bond
t = time of investment
r = yearly interest rate.
Making r the subject of formula.
(1+r)^t = A/P
1+r = (A/P)^(1/t)
r = (A/P)^(1/t) - 1 ............1
Given,
A = $5600
P = $3000
t = 10 years
Substituting the values, we have.
r = (5600/3000)^(1/10) - 1
r = 0.0644
r = 6.44%
The interest rate is 6.44%
Interest rate is the value, rate, price or profit given to investors from the use of investment funds on the basis of calculating economic value within a certain period of time. Bank interest rates are used to control the economy of a country. The interest rate is regulated and determined by the government which aims to maintain the continuity of a country's economy. This interest rate is important to take into account because the average investor always expects a larger investment return.
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Toyota knows that people are only actively looking to purchase a car every few years. It wants to focus its ad dollars on people who are actively researching cars to purchase. What targeting dimension should toyota use for its ad campaign?.
If Toyota knows that people are only actively looking to purchase a car every few years. The targeting dimension that toyota should use for its ad campaign is In-market audiences.
What is In-market audiences?In-market audiences can be defined as the way in which a company or tend to find people that are researching the product they advertised on the web in which people that are researching the product are willing to buy what the company advertises as they browse on the internet.
Based on the scenario the company should make use of in- market audience since we were told that the company want to focus on people or customers that are actively researching cars to purchase.
Therefore If Toyota knows that people are only actively looking to purchase a car every few years. It wants to focus its ad dollars on people who are actively researching cars to purchase. The targeting dimension that toyota should use for its ad campaign is In-market audiences.
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The complete question is:
Toyota knows that people are only actively looking to purchase a car every few years. It wants to focus its ad dollars on people who are actively researching cars to purchase. What targeting dimension should Toyota use for its ad campaign?
A. In-market audience B. Affinity C. Combined audience segment D. Demographics
70 POINTS TO THE ONE WHO ANSWERS THIS QUESTIONS!!!
*please and ty*
Question 11
What can a job candidate communicate through a video introduction that they can't convey via their resume?
the type of people in their professional network.
Odetails about their education and certification.
their work experience and past employers.
their personality through body language.
Question #12
As a last step Mario hits send on a company press release, what should he do to ensure it is accurate?
A. Produce an outline to organize the content in the document.
B. Double-check all spelling in the document .
C. Evaluate the logic and persuasiveness of the document.
D. Change the front that is used in the document.
Question #13 what it's the FIRST step in solving a costumer service problem?
A. Define the problem.
B. Resolve the problem.
C. Evaluate solutions to the problem.
D. Describe the problem.
What a job candidate can communicate through a video introduction that they can't convey via their resume is "their personality through body language".
What is communication?Communication refers to the exchange of data or information between two entities, that is, sender and the receiver.
what Mario should do as a last step in order to ensure the company press release is accurate is to "Double-check all spelling in the document".The first step in solving a costumer service problem is "define the problem"The type of supporting documents samir might link as an additional important information is "an online portfolio of his previous news stories".The type of embarrassing error which could be avoided by checking accuracy is refered to as "gaffe".Paulina hopes displaying such quality of critical skill will show her accountability.What it meant if someone is said to be speaking off the cuff is "they are speaking without planning what they will say"Learn more about communication:
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Ronda’s cake store earned $3,750 in total revenue last month when it sold 125 cakes. This month it earned $3,600 in total revenue when it sold 90 cakes. The price elasticity of demand for ronda’s cake store is.
Ronda’s cake store earned $3,750 in total revenue last month when it sold 125 cakes. This month it earned $3,600 in total revenue when it sold 90 cakes. The price elasticity of demand for ronda’s cake store is 1.14.
Demand is the quantity of a good that consumers are inclined and capable of buy at various prices during a given time. The relationship among rate and amount demand is also known as the call for curve. Call for is the quantity of purchasers who are inclined and capable to buy merchandise at numerous fees for the duration of a given period of time. call for for any commodity implies the purchasers' preference to accumulate the coolest, the willingness and ability to pay for it.
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The path from the __________ or service provider to the end user is known as the __________ channel or marketing channel.
Answer: Manufacturer, distribution
Explanation:
Adjusting entries never affect the asset account called?
Adjusting entries never affect the asset account called Cash account.
What are Adjusting entries?Whenever entries are being made in the journal, some of the entries are adjusting entries, which are called the entries , with the changes that have been made in the record.
As already mentioned, these kinds of entries involve mainly the numbers for matching the record, so it can be possible for any person who is maintaining the accounts to correct them during the accounting period.
This is usually done with bills, salaries, and taxes. It is also used during the charge for a later period or after it has been incurred.
Thus, it is the cash account which has no effect on Adjusting entries.
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Broadly speaking, what are the two primary benefits of public relations to sport organizations?
two primary benefits of public relations to sports organizations are to build the brand and protect the brand.
An employer or corporation is an entity—which includes an employer, an institution, or an affiliation—comprising one or extra human beings and having a specific motive. Three forms of agencies describe the organizational systems which can be utilized by maximum groups these days: practical, departmental and matrix. Each of these pieces of paperwork has benefits and disadvantages that proprietors need to keep in mind before finding out which one to enforce for or her commercial enterprise. A form of organization serves as a framework that a company can use to establish conversation structures and authority amongst personnel.
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if the quantity demanded of a good is greater than the quantity supplied of that good, then the price of the good the equilibrium price. a. is greater than b. is less than c. is equal to d. could be either greater than or less than
If the quantity demanded of a good is greater than the quantity supplied of that good, then the price of the good is greater.
Why does the price rises?A good's price will rise until it reaches the equilibrium price if there is a difference between the quantity demanded and the quantity supplied of the good at the current price.Excess demand is when there is a surplus of demand relative to supply at the price being offered. There is a shortage for this. Excess Supply: When there is a surplus of a good or service at a given price, there is less demand than there is supply. Additionally, a surplus is what this is.Demand outstrips supply, or when the price is too low, and a shortage results. Due to consumer competition to buy the product, however, shortages frequently result in price increases. In order to increase demand, companies may therefore delay production. They are able to raise the price because of this.To learn more about demand and supply visit:
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If your manager were to give you a complex project that involved a lot of research and analysis to provide information to write a detailed and accurate report, how might you make it more manageable? What type of communication skills would that require?
In order to make a complex project more manageable, an individual should follow the tips for project management. Try to define the goals and prioritize what's urgent, then analyze the resource and gather the data. Business communication skills would be require for the business project.
What is the significance of business communication?Business communication refers to the process of sharing information between the people within the workplace or outside the company.
Business communication plays a very significant role in an organization as it helps to establish formal relations between employees and workers. It also helps the employee understanding the goals of a company.
Basically, the main purpose of the business communication is to improve organizational practices and reduce errors.
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If discontinued operations have a _____ effect on the income statement, they must be reported separately.
The income statement breaks out discontinued operations individually since it's crucial for investors to be able to discern between profits and cash flows.
The term "discontinued operations" describes the closure of a business division. All gains and losses for that division are required to be reported separately on the company's income statement for accounting purposes. This is done in order to identify these sums from those related to ongoing operations.
Parts of a company's operations that have been sold off or discontinued are referred to as discontinued operations in accounting. They are listed separately from continuing operations on the income statement.
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Switzerland is much smaller than the united states but its population density is much greater. Although switzerland’s gdp is much smaller than the united states’ gdp, its _______ is slightly higher.
Although Switzerland’s GDP is much smaller than the United States’ GDP, its GDP per capita is slightly higher.
What is GDP?
The market value of all the final goods and services produced and sold (not resold) in a given time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measure is frequently revised before being regarded as a trustworthy indicator due to its subjective and complex nature. To compare living standards between countries, using a basis of GDP per capita at Purchasing Power Parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita, on the other hand, does not account for differences in the cost of living and inflation rates across countries. Each industry's or sector's contribution to overall GDP can also be quantified.
Luxembourg would continue to lead the nominal and PPP rankings for GDP per capita in 2021.
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Identifying one's competencies, customers, and competitors helps an organization answer what important question in setting a strategic direction?
It permits an organization to decide what is at present, as it starts to set a strategic direction of Competencies, prospects, and customers.
Which two things are part of the implementation phase of the strategic marketing process?There are four members of the implementation phase:
(1) the obtaining resources,
(2) designing the transaction organization,
(3) developing the planning schedules, and
(4) managing the marketing program designed in the planning phase.
The three steps of the planning stage include the situation (SWOT) computation, market-product focus, the goal setting, and the marketing program.
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Suppose the u. S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,600. What interest rate would you earn if you bought this bond at the offer price?.
Suppose the u. S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,600. The interest rate will be 6.44% if you bought this bond at the offer price.
The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
Interest rates affect borrowing costs and spending choices made by people and businesses, which is one way they are important. For instance, lower interest rates might entice more individuals to take out a mortgage for a new home, borrow money for a car, or make improvements to their homes.
A = [tex]P(1+r)^{t}[/tex]
Where;
A = final value of a bond
P = Initial value of a bond
t = time of investment
r = yearly interest rate.
Making r the subject of the formula.
[tex](1+r)^{t}[/tex] = [tex]\frac{A}{P}[/tex]
1+r =[tex]\frac{A}{P}^\frac{1}{t} }[/tex]
r =[tex]\frac{A}{P}^\frac{1}{t} }[/tex] - 1 ............1
Given,
A = $5600
P = $3000
t = 10 years
Substituting the values, we have.
r = [tex]\frac{5600}{3000} ^{\frac{1}{10} }[/tex] - 1
r = 0.0644
r = 6.44%
The interest rate is 6.44%.
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Revenue in the income statement for the year ended december 31, 2018 equals the ______.\
Revenue in the income statement for the year ended December 31, 2018 equals the amount earned by selling goods or services to customers during 2018.
What is Revenue?The revenue is related to the economics of financial statements that have to be maintained by a person. This revenue in the financial statements can be seen in the segment of income that is earned by someone in exchange for goods and services.
When it comes to the data which is available in the context of revenue and the time of year ended during 2018, this revenue is equal to the amount which is earned after selling the goods and services to customers during the whole year of 2018.
Thus, revenue is the amount that has been earned in exchange of goods or services.
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A ________ is some combination of products, services, information, or experiences provided to consumers to satisfy a need or want
A market offering is some combination of products, services, information, or experiences provided to consumers to satisfy a need or want.
It is an aggregate of merchandise, offerings, facts, or experiences offered to a marketplace to meet a need or need. As an example, inside the food enterprise, a “market supplying” might be a sandwich. extra widely, market offerings also include different entities, such as folks, locations, organizations, facts, and ideas.
Marketers carve purchaser products into 4 classes, referred to as offerings:
comfort services.shopping services.strong point offerings.Unsought services.Product, price, and carrier. most offerings encompass a product, or a tangible desirable humans should purchase, promote, and personal.
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Disney and other global firms have successfully bridged the cultural gap by producing advertising that appeals to the same target market across.
Answer:
yes they have done this to fill the cultural gaps
A shortage in the market for economics textbooks will ___________ the price of textbooks.
A shortage within the marketplace for economics textbooks will Increase the of textbooks.
There is a shortage in a very marketplace for a product when: this price is under the equilibrium price. the present price is above the equilibrium level. cause changes within the quantities demanded and supplied that tend to eliminate the surplus production or excess demand. A shortage will cause firms to lift prices. surplus will cause firms to lower prices. A shortage exists if the amount of a decent or service demanded exceeds the amount supplied at the present price; it causes upward pressure on price. a rise in demand, all other things unchanged, will cause the equilibrium price to rise; quantity supplied will increase. As Economics book are utilized by all the scholars. therefore the demand for the book will increase and it'll result in rise within the price.
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Mary loves to collect stickers. She has 7 sticker books. Each book has 87 stickers. What is a reasonable estimate for the total number of stickers? PLEASE I NEED HELP
Based on the number of sticker books that Mary has, a reasonable estimate for the total number of stickers is 609 stickers
How many stickers in total?There are 7 books for stickers that Mary has to collect the stickers she loves.
Each of the books holds around 87 stickers. The total number of stickers that Mary has as a reasonable estimate is:
= Number of sticker books x Number of stickers per book
Solving gives:
= 7 x 87
= 609 stickers
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At what stage of the target market selection process is the marketer first likely to uncover information that makes a segment less attractive than previously thought?.
The marketer first likely to uncover information that makes a segment less attractive than previously thought when developing market segment profiles
What is market segment profile?A market segment profile might may information about lifestyle patterns, attitudes towards product attributes as well as brands, product-use habits, geographic locations, and demographic characteristics.A market segment profile explains the similarities among potential customers within a segment and also explains the differences among people as well as organizations in different segments.When building segment profiles, we are attempting to describe the consumers in each of the segments in order to understand their needs, particularly regarding how they are fairly unique as compared to the other market segments that are identified.A descriptive summary of the size, needs, behaviors as well as preferences of consumers within a particular market segment with the view of evaluating segment attractiveness and developing suitable marketing strategies.To learn more about market, refer: https://brainly.com/question/13414268?referrer=searchResults
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A pet store sells a large dog kennel for $98.50. the wholesale cost of the kennel is $63.55. what is the percent of markup? round to the nearest percent.
The percent of markup for the pet store is 54.99% or 55 percent if rounded up. Procedure to get the markup price
= 98.50 - 63.55
= 34.95
= (34.95 ÷ 63.55) × 100
= 54.99 or 55.
More about mark up:
The term "markup" describes the discrepancy between an item's cost and its sales price. It is stated as an additional percentage over the price. In other words, the vendor makes money by charging a surcharge over the overall cost of the commodity or service. Mark up price is very important for the successful operation, continuation, and expansion of the firm.
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The percent of markup for the pet store is 54.99% or 55 percent if rounded up. Procedure to get the markup price is
= 98.50 - 63.55
= 34.95
= (34.95 ÷ 63.55) × 100
= 54.99 or 55.
More about mark up:
The term "markup" describes the discrepancy between an item's cost and its sales price. It is stated as an additional percentage over the price. In other words, the vendor makes money by charging a surcharge over the overall cost of the commodity or service. Mark up is very important for the successful operation, continuation, and expansion of the firm.
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