What does a 45 percent off sale on private online sales sites like HauteLook really mean? Is it as good a deal as it appears?
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What does a 45 percent off sale on private online sales sites like HauteLook really mean?
Is it as good a deal as it appears?
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Solved in 2 steps
- Compute the sales dollars at which net income would be equal regardless of whether OMS sells through the independent sales agents (at 20% commission rate) or hire its own sales team. Which option would you recommend OMS adopt? Explain.Hamed own a local gold market that currently has (9211×211) subscriber in Instagram at a quarterly charge of R.O. 19. He notices that if he raises the price of his commodity to R.O. (19 + 4), he will lose 9211subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?If you buy a call option contract on Apple Inc, with the most heavily traded strike price today what does owning this contract give you the right to do? If this is your only position in Apple, are you long or short Apple?
- An investor purchases 1,000 XYZ at $60. After XYZ increases to $80, the investor would like to protect the profit on this investment. Which of the following orders would be most suitable? Sell stop at $79.75 Sell stop at $80.25 Sell limit at $75 Sell limit at $85.T/F Person A works for Global Payments Inc. They will take a portion of their pay check to buy Global Payments Stock every pay period. This is an example of Gain sharing.Ivy purchases phones for $260.50 each and is selling them for $330.00 each. a. What is the rate of markup on cost? % Round to two decimal places b. What is the rate of markup on selling price?
- Michael is the marketing executive of SHOPEE and he is planning to launch the 2.2.22 online SALE through price discounts, either 40% off or 20% off. He also learned that SHOPEE closest competitor LAZADA , is planning to promote also a 2.22.22 online SALE with price discounts , either 50% off or 30% off. If SHOPEE launches the 40% off, it will gain nothing. If LAZADA launches the 50% off or gain 8,000,000 if LAZADA launches the 30% off. If SHOPEE launches the 20% off, it will lose 2,000,000 if LAZADA launches the 50% off or lose 5,000,000 if LAZADA launches the 30% off. How much is the gain or loss for SHOPEE will Michael expect? A. 5,000,000 B. -5,000,000 C. 8,000,000 D. -2,000,000 E. NONEIf the bid and ask prices for Amazon.com are $37.79 and $37.85. If these quotes occur when a trade order is made, at what price would a market buy order execute? Would a limit sell order execute with a target price of $37.75?Susan is looking for the best deal on a king-size mattress that has a wholesale price of $439. Help her compare the price of the mattress in different situations by completing the following. a) Susan can buy the mattress from a distributor that does direct-to-customer sales. When selling directly to individual customers, this distributor marks up the wholesale price 50%. Ignoring tax, how much would Susan pay for the mattress if she gets it from this distributor? b) Susan can also go to a specialty store that she knows has the mattress. This specialty store gets it from a distributor who marks up the wholesale price 20%. Then the specialty store marks it up by an additional 30%. Ignoring tax, how much would Susan pay for the mattress at this specialty store? c) Select the true statement. Susan would pay less for the mattress if she gets it directly from the distributor. Susan would pay less for the mattress if she gets it at the specialty store. Susan would pay the same amount if she…
- Assume you decide to sell printed T-shirts for $12 each. Your research suggests you can buy plain T-shirts for $5 each. Printing would entail a front-end, fixed fee of $120 for the screen and another $0.75 per printed T-shirt. Your initial advertisement yields orders for 100 T-shirts. You then invest $900 in the venture, purchase plain T-shirts and the screen, and get the T-shirts printed (suppliers require you pay for all expenses in cash). By the end of your first week in business, all T-shirts are ready for sale. Customers with orders totaling 50 T-shirts pick up their T-shirts in that first week. But, of the 50 T-shirts picked up, only 25 are paid for in cash. For the other 25, you agree to accept payment next week. Using accrual accounting, what is inventory at the end of the first week?Clearly indicate the necessary steps,including appropriate formula substitutions,diagrams,graphs,charts,etc. 15. Mrs. Martinez is buying a sweater that is on sale for 25% off of the original price.She has coupon that gives her an additional 20% off of the sale price. Her final purchase price is what percent of the original price?As a consumer, you are always in the lookout for sales, coupons, and rebates. While shopping for new clothes, you notice that one particular brand of shirt is on sale for 20% off the original price. You also have a coupon for $10 of a $40 purchase. Coupons are applied after the 20% discount is taken. If each shirt originally cost $17.99, how many shirts would you need to buy to be able to use your coupon? Show your work.