What is the percentage markup on a proposal as a percent if the
fixed bid price offered is 552,000 and the sum of direct cost is
480,000?
The calendar day duration of a project is planned for 19 days
based on a Monday through Friday work week. How many work days were
available in this period if the start of the project was on the
last Monday in July 2020?
What is the forecasted total project cost if the reported...
State whether a cumulative frequency, relative
frequency, relative percent, cumulative relative frequency, or
cumulative percent is most appropriate for describing the
following situations. For cumulative distributions, indicate
whether these should be summarized from the top
down or from bottom up.
a. The number of symptoms of stress (ranging between 0
and 12 symptoms) experienced by 180 war veterans.
b. The number of calories in school lunches in a sample
of 32 local middle schools.
c. The number of hours of...
State whether a cumulative frequency, relative
frequency, relative percent, cumulative relative frequency, or
cumulative percent is most appropriate for describing the
following situations. For cumulative distributions, indicate
whether these should be summarized from the top down or from bottom
up.
a. The frequency of business with at least 20 employees.
b. The frequency of college students with less than a 3.0
GPA.
c. The percentage of women completing 1, 2, 3, or 4 tasks
simultaneously.
d. The proportion of pregnancies...
1. A department’s maintained markup is 38 percent, reductions
are $560, and net sales are $28,000. What’s the initial markup
percentage?
2. Maintained markup is 39 percent, net sales are $52,000, and
reductions are $2,500. What are gross margin in dollars and the
initial markup as a percentage? Explain why initial markup is
greater than maintained markup.
3. The cost of a product is $150, markup is 50 percent, and
markdown is 30 percent. What’s the final selling price?
4....
1. A department’s maintained markup is 38 percent, reductions
are $560, and net sales are
$28,000. What’s the initial markup percentage?
2. Maintained markup is 39 percent, net sales are $52,000, and
reductions are $2,500. What are
gross margin in dollars and the initial markup as a percentage?
Explain why initial markup is
greater than maintained markup.
3. The cost of a product is $150, markup is 50 percent, and
markdown is 30 percent. What’s the
final selling price?
4....
Describe what causes the differences in markup. What product
category in a meat department tends to have the highest markups and
profit? Explain why this is the case?
DQ1 – Retail Tales
1- What is your favorite retailer?
2- What type of retailer is it, and what specific kind within that type (check Chapter 2 for specifics on this one!)?
3- Why do you like this retailer?
4- Who are the 3 biggest competitors for your favorite retailer?
5- What specifically would one of those competitors have to do to get you to shop there instead? You do need to come up with a specific and...