The markup on a video camera should be 37% based on selling price. If the seller paid $390 for one, then how much should it be sold for to achieve the desired markup? (Round to the nearest cent)

Which of the following is an example of channel differentiation?

A) Berry's has an intensive training program for its customer-facing employees, to ensure a consistent service standard. B) The Swan Hotels use a distinctive signature fragrance in all outlets so that customers can associate the fragrance with the hotel. C) JEK's sophisticated customer database allows the company to handle queries and product returns much faster than competitors. D) RTZ shifted its products from supermarket aisles to exclusive stores as it realized that customers were willing to pay more in stores. E) Hayley's found success by allowing buyers to customize the color and some features of its appliances before buying them.

Which of the following is the most common type of corporate structure that is used by accounting firms that operate in the U.S.?

A) a limited liability partnership B) a corporation C) a cooperative D) a sole trader