subject
Business, 14.03.2020 00:52 Uhmjujiooo4220

Let's say you want to open a shoe store that will specialize in high-end shoes. But before you do, you want to determine how many pairs of shoes you have sell in the first year to break even (have no profit or loss). You also want to know what your profit will be in year two. You have been busy estimating some revenues and costs. Here is what you have so far: Cost (to you) per pair of shoes $80, Sales commission per pair of shoes $10, Salaries $420,000, Rent $120,000, Cost to you per pair of shoes $80, Advertising $20,000, Commission paid per pair of shoes $10, Insurance $16,000, Miscellaneous fixed costs $24,000, Selling price per pair of shoes $160. If you end up selling 12,000 pairs of shoes the first year, how much profit will you make?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:40
Plz i have no idea what a cover letter is can u guys explain it to me write a letter to the address below. you are responding to an advertisement from the willamette company for a job opening as an office assistant. you did some research and learned that the person to whom the application should be sent is ms. katrina n. d. waives. you are going to enclose a résumé and three letters of reference. your résumé will have details about your qualifications, so you should just give a brief but inviting overview of them here. in addition, your letter will include a very important paragraph that is not normally a part of a business letter. you will tell what format you are using for your letter where you got the information on this format. address of the willamette company: 355 buck hill road, portland, oregon 48792.
Answers: 1
question
Business, 22.06.2019 03:00
1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.
Answers: 2
question
Business, 22.06.2019 04:10
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
Answers: 1
question
Business, 22.06.2019 11:30
4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer
Answers: 2
You know the right answer?
Let's say you want to open a shoe store that will specialize in high-end shoes. But before you do, y...
Questions
question
English, 03.02.2021 02:30
question
Physics, 03.02.2021 02:30
question
Mathematics, 03.02.2021 02:30
question
Mathematics, 03.02.2021 02:30
question
Mathematics, 03.02.2021 02:30
question
Mathematics, 03.02.2021 02:30