A new television costs $569.98 and has a markup of 20.99% based on the cost. The TV

Fantastic news! We've Found the answer you've been seeking!

Question:

A new television costs $569.98 and has a markup of 20.99% based on the cost. The TV was discounted 6% based on the retail price.

What is the new margin as a percentage?

Related Book For answer-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0133392883

6th Canadian edition

Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ

See More Books

Posted Date: Jun 21, 2023 08:11 AM

See More Questions

Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
Greetings Inc. has operated for many years as a nationally recognized retailer of greeting cards and small gift items. It has 1,500 stores throughout the United States located in high-traffic malls....
Greetings Inc. has operated for many years as a nationally recognized retailer of greeting cards and small gift items. It has 1,500 stores throughout the United States located in high-traffic malls....
1. Construct a simple pendulum starting with 20 cm length. 2. Hang the pendulum as pictures in one of the two methods shown above. 3. Using the protractor, displace the pendulum 10 degrees from the...
The eyepiece of a compound microscope has a focal length of 2.70 cm, and the objective lens has f =0.740 cm, if an object is placed 0.790 cm from the objective lens, calculate (a) The distance...
In flow over a surface velocity and temperature profiles are of the forms u(y) = Ay + By2 Cy3 and T(y) = D + Ey + Fy2- Gy3 where the coefficients A through G are constants. Obtain expressions for...
Construct an environmental profile for a company of your choice. How might the profile be of use to management?
(a) Belinda believes that the couple could maintain their current level of living if their retirement income represented 75 percent of their current annual income after adjusting for inflation....
What is the value of the tax shield if the value of the firm is $ 4 million, its value if unlettered would be $ 3 . 6 7 million, and the present value of bankruptcy and agency costs is $ 2 5 0 , 0 0...
= On 1/1/X4, Phillip invested $1,100,000 in Sleeper's ordinary shares (35% owned). Sleeper reported: Assets $3,500,000 Liabilities 600,000 The book value of Sleeper's net assets approximated market...
Jennifer is a CPA and a single taxpayer using the standard deduction. In 2018, her CPA practice generates net income of $162,000 and she has no other income or losses. Jennifer's taxable income...
A canister containing 8g of helium gas (atomic mass 4.0 u) was used to fill up party balloons. When the canister was full, the pressure in the gas was 3 atmospheres and its temperature was 27 C....
1. Research and outline the Lean Method and how it applies to marketing a products. Explain in one fifty words. 2. Outline your understanding of market research and what is should include: Be...
The distance from Cape Town to Johannesburg is 1400 kms. The average gas mileage is 10 miles per gallon of petrol fuel. The average cost of petrol per litre is R15,00. Calculate the total cost of...
How many hosts could the network support? IP: 192.168.1.2 Subnet mask: 255.255.255.0
What is the error that keeps the following from compiling? int main(void) { const int MY_VAL = 1; cout < < MY_VAL < < endl; MY_VAL = MY_VAL -1; cout < < MY_VAL < < endl; return 0; }
Construct a Power versus Stake Grid in below format with variable attached. Variables: Stake Equity Power Economic Influencers Formal or Voting Wellington Regional Council Transfund New Zealand...
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
Memory Manufacturing Company (MMC) produces memory modules in a two-step process: chip fabrication and module assembly. In chip fabrication, each batch of raw silicon wafers yields 500 standard chips...
Ahmed Diba is the controller of the Body Products Division of World Wide Drugs (WWD). It is located in Winnipeg, which is also the head quarters of WWD. Diba is helping develop a proposal for a new...
The controller of a retailer has just had a $50,000 request to implement an ABC system quickly turned down. A senior vice-president involved in rejecting the request noted, "Given a choice, I will...
The duties of a nozzle and a diffuser are (a) Opposite to each other (b) Identical to each other (c) Not comparable at all (d) None of these.
Nozzles and diffusers are widely used in (a) Heat exchangers (b) Refrigeration systems (c) Rockets and other space vehicles (d) None of these.
1 ton of refrigeration is equivalent to (a) $3.517 \mathrm{~kW}$ (b) $4.202 \mathrm{~kW}$ (c) $250 \mathrm{kcal} / \mathrm{min}$ (d) $50000 \mathrm{kcal} / \mathrm{min}$.

A new television costs $569.98 and has a markup of 20.99% based on the cost. The TV

Question:

Expert Answer:

To calculate the new margin percentage we need to determine the cost price the retail price after th... View the full answer

Cost Accounting A Managerial Emphasis

Students also viewed these finance questions