The markup on a video game is 15% of the sale price. If the video game sells for $58.82, what was the cost (in $)? (Round your answer to the nearest cent.)

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak