What is the customer profit

Assignment Help Finance Basics
Reference no: EM13296157

A company estimates that ordering costs are $2.00 per order, picking costs are $1.00 per unique item ordered, packing costs are $0.07 per item, and return costs are $40.00 per return. A customer orders $8,000 worth of goods with direct costs of $6,200. The customer places 70 orders, orders 24 unique items, 940 total items, and makes 7 returns. What is the customer profit (loss)? $509.80 $7,490.20 $1,800 $1,290.20

Reference no: EM13296157

Questions Cloud

Explain what quantity relating pressure : According to Boyle's law, for a fixed quantity of gas at a given temperature, what quantity relating pressure and volume is constant
What is the current selling price : A U.S. Government bond with a face amount of $10,000 with 13 years to maturity is yielding 5.5%. What is the current selling price?
What minimum work must be supplied to the heat pump : A heat pump extracts 7.0*10^6 J heat per hour from a well at 280K and delivers its output heat into a house at 320K. what minimum work must be supplied to the heat pump per hour
Explain a solution and write down the changes : We did a lab on equilibrium and le chatelier's principle. On one portion, there was a copper complex, and we had to add different components to a solution and write down the changes that took place
What is the customer profit : The customer places 70 orders, orders 24 unique items, 940 total items, and makes 7 returns. What is the customer profit (loss)? $509.80 $7,490.20 $1,800 $1,290.20
What price would you expect coolibahs stock to sell : what price would you expect Coolibah's stock to sell for at the end of three years?
Explain the corresponding microstates in a system consisting : Identify all the possible macrostate and the corresponding microstates in a system consisting of two communicating containers and four atoms
Should the us have universal health care : Should the US have universal health care? Why or why not? Cite references to back your opinion - We will have to make hard choices between competing goods, both as families and as a nation." Presidents Council on Bioethics.
How many dollars of revenue must the company generate : Circle K Furniture has a contribution margin ratio of 16%. If fixed costs are $176,800, how many dollars of revenue must the company generate in order to reach the break-even point? a) $1060,800 b) $1,105,000 c) $282,880 d)$208,476

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the probability that the p-value is less

In the previous problem with ? = 1, what is the probability that the p-value is less than 0.05 if H0 is true? What is the probability if H1 is true?

  Create a decision tree for decision analysis

Create a decision tree for decision situation explained in problem 25 and indicate the best decision

  What must the expected return on this stock be

A stock has a beta of 1.32, the expected return on the market is 10 percent, and the risk-free rate is 3.5 percent. What must the expected return on this stock be?

  Prepare a direct materials budget for the first quarter

Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the of the purchases in the budget.

  What new forms of disintermediation have appeared

What is disintermediation? What are its principle causes and possible cures? What new forms of disintermediation have appeared in recent years?

  Calculate amount of the payment

the ACCT300 Commissioner authorized a special loan contract with Astros Company, whereby Astros Company would borrow $125,000 at 9% interest. Conditions of the agreement require the repayment of the loan with seven yearly payments,

  Dilution effect of stock issue

Micromanagement, Inc. has 8 million shares of stock outstanding and will report earnings of $20 million in the current year. The Corporation is planning the issuance of two million additional shares that will net $30 per share to the corporation.

  Finding mortgage rates

If mortgage rates increase from 5% to 10%, but the expected rate of increase in house prices increases from 2% to 9%, are people more or less likely to buy houses? ( Show your work to receive full credits).

  How much of karen portfolio is invested in the technology

The utility fund has a beta of 0.5. and the technology fund has a beta of 1.3. If the portfolio's beta equals 1.26. how much of Karen's portfolio is invested in the technology fund?

  Calculate the present value of the salary

Suppose today is August 1, 2006. Charles is thirty years old and has a Bachelor of Science degree in computer science. He is currently employed as a Tier 1 field service representative for a telephone corporation and earns $38,000 a year that he anti..

  What coupon rate should be set on its bonds

A business wants to raise $1.2 million by selling some coupon bonds at par. Comparable bonds in the market have a 6.5 percent annual coupon, 15 years to maturity, and are selling at 97.687 percent of par. What coupon rate should be set on its bond..

  Postive and negative rights discussed

Fully describe the difference between positive and negative rights, giving three examples other than those found in the text for each (the examples given in the book are: privacy, the rights to food, life, and health care).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd