answer both of the following 3. Please show your calculations for each of...
80.2K
Verified Solution
Link Copied!
Question
Accounting
answer both of the following
3. Please show your calculations for each of the four problems. Please use the proper equations. No credit will be given for answers without calculations or use of proper equation. (15point each) Andrea's Gift Shop buys 24oz scented candles for $12 each from the manufacturer. Andrea has a desired return on sales of 25% on the sale of a 24oz candle. What is the retail price of the 24oz candle? A local boutique marks up leather shoes 30%. The retail price of the leather shoes is $60. What is the cost the boutique paid for the shoes to the manufacturer
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
answer both of the following 