Management cannot influence the price of a new product. The market price is $100 per unit. The estimated production cost is $30 per unit. The estimated nonproduction cost is $40 per unit
If the gross profit is 40 percent of the market price, what is the target cost of the new product?
A) $30
B) $40
C) $60
D) $70
C
Business
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A broker and a seller signed a standard listing agreement. Under the terms of this listing the broker would be appointed to perform all of the following acts EXCEPT:
A. Attempt to find a ready, willing and able buyer for the real property. B. Sell, trade or convey title to the real property. C. Place a "For Sale" sign on the property and market the property. D. prepare a data sheet with information about the property to give to prospective purchasers.
Business
As a receiver, you decode the sender's message by assigning meaning to the symbols
Indicate whether this statement is true or false.
Business