A new clothing store has a unique method of pricing items. A vest costs $20, a tie costs $15, a blouse costs $30, and underwear costs $45. How much would pants cost? -Riddles

A new clothing store has a unique method of pricing items. A vest costs $20, a tie costs $15, a blouse costs $30, and underwear costs $45. How much would pants cost? -Riddles
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1 Answer

Answer :

$25. The pricing method charges $5 for each letter needed to spell the item.
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There is a clothing store in Bartlesville. The owner has devised his own method of pricing items. A vest costs $20, socks cost $25, a tie costs $15 and a blouse costs $30. Using the method, how much would a pair of underwear cost? -Riddles

Description : There is a clothing store in Bartlesville. The owner has devised his own method of pricing items. A vest costs $20, socks cost $25, a tie costs $15 and a blouse costs $30. Using the method, how much would a pair of underwear cost? -Riddles

Last Answer : $45. The pricing method consists of charging $5 for each letter required to spell the item.

The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.

Description : The best case margin potential for a product with a top price of $30 and a minimum cost of goods sold of $15 is: a. $45. b. $2. c. $450. d. $.50. e. none of the above.

Last Answer : e. none of the above.

Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed that $20,000 was still on hand. The cost of goods available for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.

Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.

Last Answer : c. Purchases Returns and Allo

A robber came into my store and stole $100 from the register without my knowledge. A few minutes later, the same guy came back with the $100 he stole and purchased $70 worth of items and I gave him $30 in change. How much money did I lose? -Riddles

Description : A robber came into my store and stole $100 from the register without my knowledge. A few minutes later, the same guy came back with the $100 he stole and purchased $70 worth of items and I gave him $30 in change. How much money did I lose? -Riddles

Last Answer : I lost $100

Cole Company has sales revenue of $39,000, cost of goods sold of $24,000 and operating expenses of $9,000 for the year ended December 31. Cole's gross profit is a. $30,000. b. $15,000. c. $6,000.

Description : Cole Company has sales revenue of $39,000, cost of goods sold of $24,000 and operating expenses of $9,000 for the year ended December 31. Cole's gross profit is a. $30,000. b. $15,000. c. $6,000.

Last Answer : b. $15,000.

Three friends Alice, Bond and Charlie divide $1105 amongst them in such a way that if $10, $20 and $15 are removed from the sums that Alice, Bond and Charlie received respectively, then the share of the sums that they got will be in the ratio of 11 : 18 : 24. How much did Charlie receive? a) $495 b) $510 c) $480 d) $375 e) $360

Description : Three friends Alice, Bond and Charlie divide $1105 amongst them in such a way that if $10, $20 and $15 are removed from the sums that Alice, Bond and Charlie received respectively, then the share of the sums that ... 18 : 24. How much did Charlie receive? a) $495 b) $510 c) $480 d) $375 e) $360

Last Answer : Answer: A Let the sums of money received by A, B and C be x, y and z respectively. Then x - 10 : y - 20 : z -15 is 11a : 18a : 24a When $10, $20 and $15 are removed, we are removing a total of $45 from ... or a= 20 We know that z - 15 = 24a = (24 * 20) = 480 Therefore, z = 480 + 15 = $495

The sales tax on a $20 hammer is 7 percent, or $1.40. Why is this tax a bigger burden for Josh, who has a $15,000 income, than for Aaron, who has a $150,000 income?

Description : The sales tax on a $20 hammer is 7 percent, or $1.40. Why is this tax a bigger burden for Josh, who has a $15,000 income, than for Aaron, who has a $150,000 income?

Last Answer : The tax represents a larger proportion of Josh’s income.

5. Assume that there are two goods, A and B. In 1996, Americans produced 10 units of A at a price of $10 and 20 units of B at a price of $20. In 2002, Americans produced 20 units of A at a price of $20 and 30 units of B at a price of $30. The Nominal GDP for 2002 is: a. $100 b. $400 c. $500 d. $900 e. $1300

Description : 5. Assume that there are two goods, A and B. In 1996, Americans produced 10 units of A at a price of $10 and 20 units of B at a price of $20. In 2002, Americans produced 20 units of A at a price of $20 ... at a price of $30. The Nominal GDP for 2002 is: a. $100 b. $400 c. $500 d. $900 e. $1300

Last Answer : e. $1300

In the current contract, the workers’ wage rate is $20.00. Which of the following negotiation positions would be outside the starting and ceiling amounts? a. $16.00 to $25.00 b. $18.00 to $30.00 c. $18.00 to $35.00 d. $16.00 to $20.00

Description : In the current contract, the workers’ wage rate is $20.00. Which of the following negotiation positions would be outside the starting and ceiling amounts? a. $16.00 to $25.00 b. $18.00 to $30.00 c. $18.00 to $35.00 d. $16.00 to $20.00

Last Answer : c. $18.00 to $35.00

Ben walked into a hardware store and asked the price of some items. The salesman said: One costs $1, Eight costs $1, Seventeen cost $2, One hundred four costs $3 and One thousand seventy two costs $4. What was Ben buying? -Riddles

Description : Ben walked into a hardware store and asked the price of some items. The salesman said: One costs $1, Eight costs $1, Seventeen cost $2, One hundred four costs $3 and One thousand seventy two costs $4. What was Ben buying? -Riddles

Last Answer : Ben was buying home address numbers and they cost $1 per digit.

What underwear does one wear when wearing leggings as pants?

Description : What underwear does one wear when wearing leggings as pants?

Last Answer : I would just wear whatever underwear you currently own, @Hypocrisy_Central.

How do you organize your underwear/pants in the closet?

Description : How do you organize your underwear/pants in the closet?

Last Answer : Put a small dresser (nightstand-like) in the closet.

Why are underwear and shorts, shirts, & pants seams on the inside where they can rub against you?

Description : Why are underwear and shorts, shirts, & pants seams on the inside where they can rub against you?

Last Answer : It’s better today than it was. You can at least find underwear that is seamless.

The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Description : The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Last Answer : (3) falls as the annual yield of an investment rises. Explanation: The internal rate of return on an investment or project is the "annualized effective compounded re-turn rate" or discount rate ... the investment equals the net present value of the benefits (positive cash flows) of the investment.

Tara has $30.00 dollars. She bought 5 coloring books that cost $3.00 each, 4 boxes of Crayola crayons that cost $2.00 each. She spends the rest of her money on markers. How much money did she spend on markers?

Description : Tara has $30.00 dollars. She bought 5 coloring books that cost $3.00 each, 4 boxes of Crayola crayons that cost $2.00 each. She spends the rest of her money on markers. How much money did she spend on markers?

Last Answer : A: She spent $7 on markers.

Competition -oriented pricing is: A)used when costs and revenues are considered secondary to competitors' prices. B)not useful as a method of increasing or maintaining market share. C)of little use if the competing products are homogenous. D)most often used when competing products are heterogeneous.

Description : Competition-oriented pricing is: A)used when costs and revenues are considered secondary to competitors' prices. B)not useful as a method of increasing or maintaining market share. C)of little use if the competing products are homogenous. D)most often used when competing products are heterogeneous.

Last Answer : A)used when costs and revenues are considered secondary to competitors' prices.

According to the text, cost tradeoffs enable firms to A)resolve pricing conflicts among competitors. B)minimise risk during the test marketing of new products. C)reduce costs of all distribution functions simultaneously. D)resolve pricing conflicts within marketing channels. E)combine resources for greatest cost -effectiveness.

Description : According to the text, cost tradeoffs enable firms to A)resolve pricing conflicts among competitors. B)minimise risk during the test marketing of new products. C)reduce costs of all ... . D)resolve pricing conflicts within marketing channels. E)combine resources for greatest cost-effectiveness.

Last Answer : E)combine resources for greatest cost-effectiveness.

3 men go into a motel. The man behind the desk said the room is $30, so each man paid $10 and went to the room. A while later the man behind thedesk realized the room wasonly $25, so he sent the bellboy to the 3 guys' room with $5. on the way the bellboy couldn't figure out how to split$5 evenly between 3 men, so he gave each man a $1 and kept the other $2 for himself. This meant that the 3 men each paid $9 for the room, whichis a total of $27, add the $2 that the bellboy kept = $29. where is the other dollar? -Riddles

Description : 3 men go into a motel. The man behind the desk said the room is $30, so each man paid $10 and went to the room. A while later the man behind thedesk realized the room wasonly $25, so he sent the ... whichis a total of $27, add the $2 that the bellboy kept = $29. where is the other dollar? -Riddles

Last Answer : The three men HAVE paid $27. But the bellboy's $2 are part of it. The hotel has $25 of the men's dollars. The bellboy has the other two. That's $27, and the three the men have make $30. The ... elsewhere on riddles.com, but the answer given was 'I don't know'! So I figured it out and posted it.

A firm that bases its price on how it thinks the competitors will price, rather than on its own costs or demand, to win a contract is most likely using A. Going-rate pricing B. Cost-plus pricing C. Perceived-value pricing D. Sealed-bid pricing

Description : A firm that bases its price on how it thinks the competitors will price, rather than on its own costs or demand, to win a contract is most likely using A. Going-rate pricing B. Cost-plus pricing C. Perceived-value pricing D. Sealed-bid pricing

Last Answer : C. Perceived-value pricing

Is it okay to remove a bra for blouse measurements?

Description : Is it okay to remove a bra for blouse measurements?

Last Answer : Well, not if you’ll be wearing a bra with the blouse.

What do you think about airline companies' plans on charging $45 for any & all carry-on luggage ?

Description : What do you think about airline companies' plans on charging $45 for any & all carry-on luggage ?

Last Answer : answer:Makes me want to take the train. Why is it our problem that the airlines execs can’t figure out how to run a successful business without gouging their customers? BTW that’s Spirit Air that wants to charge you for your backpack. Now you know which airline needs to fail.

IM GOING TO A FUNERAL DO I NEED TO WEAR A BLACK BLOUSE OR CAN I WHERE A T-SHIRT?

Description : IM GOING TO A FUNERAL DO I NEED TO WEAR A BLACK BLOUSE OR CAN I WHERE A T-SHIRT?

Last Answer : a blouse is more espectful but either is ok

As of 4/4/01 I show I invested $45,000 in an annuity at 5.75% - Provident Mutual 2. Do I still have that account. If so- value If not when was it withdrawn and by whom Necia A. Black 40 Lennox Ave,Amherst,NY It would have been 51 High Park Blvd?

Description : As of 4/4/01 I show I invested $45,000 in an annuity at 5.75% - Provident Mutual 2. Do I still have that account. If so- value If not when was it withdrawn and by whom Necia A. Black 40 Lennox Ave,Amherst,NY It would have been 51 High Park Blvd?

Last Answer : This is something that only the finincial institute can answer.

Someone stole $20 off your desk at school. You find 4 suspects: Gina, Kelly, Peter, and Liam. You ask them all about the money: Gina: Hey, I didn't take it! Kelly: I'm pretty sure Peter took it! Peter: No way! Kelly is lying! Liam: Gina's telling the truth! One of these people is telling the truth. Who took your money? -Riddles

Description : Someone stole $20 off your desk at school. You find 4 suspects: Gina, Kelly, Peter, and Liam. You ask them all about the money: Gina: Hey, I didn't take it! Kelly: I'm pretty sure Peter took ... Liam: Gina's telling the truth! One of these people is telling the truth. Who took your money? -Riddles

Last Answer : Gina took the money. She, Kelly, and Liam are lying while Peter is telling the truth. If any of the other people had taken it, then there would be only 1 liar and 3 people telling the truth.

The title of the problem tells you how to approach these four questions.(A). A bus leaves Moscow for Tula at noon. An hour later a cyclist leaves Tula for mosco, moving slower than the bus. When the bus and cyclist meet, which one of the two will be farther from Moscow?(B). Which is worth more: a pound of $10 gold peices or half a pound of $20 gold pieces?(C). At six o'clock the wall clock struck 6 times. Checking with my watch, I noticed the time between the first and last strokes was 30 seconds. How long will the clock take to strike 12 at midnight?(D). Three swallows fly outward from a point. When will they all be on the same plane in space?Now check the answers. Did you fall into any of the traps which lurk in these simple problems? -Riddles

Description : The title of the problem tells you how to approach these four questions.(A). A bus leaves Moscow for Tula at noon. An hour later a cyclist leaves Tula for mosco, moving slower than the bus. ... Now check the answers. Did you fall into any of the traps which lurk in these simple problems? -Riddles

Last Answer : (A). Neither (B). A pound of metal is always more than half a pound of the same metal. (C). Six strokes took 30 seconds, therefore 12 strokes will take 60 seconds. But when the clock struck ... , therefore 12 strokes will take 66 seconds. (D). There is always a plane that contains any 3 points

I have three envelopes, into one of them I put a $20 note. I lay the envelopes out on a table in front of me and allow you to pick one envelope. You hold but do not open this envelope. I then take one of the envelopes from the table, demonstrate to you that it was empty, screw it up and throw it away. The question is would you rather stick with the envelope you have selected or exchange it for the one on the table. Why? What would be the expected value to you of the exchange? -Riddles

Description : I have three envelopes, into one of them I put a $20 note. I lay the envelopes out on a table in front of me and allow you to pick one envelope. You hold but do not open this envelope. I then ... it for the one on the table. Why? What would be the expected value to you of the exchange? -Riddles

Last Answer : The answer might seem a little counter intuitive at first but we'll see... The short answer is that it is in your advantage to exchange. But why? Well initially there was a 1/3 chance that you were holding ... /3 of $20 and afterwards you will have 2/3 of $20, ie the advantage to you is about $6.66

What would it cost customers if fast food workers got $15 an hour?

Description : What would it cost customers if fast food workers got $15 an hour?

Last Answer : LostInParadise The employer would have to figure in some other costs. Workers comp. unemployment insurance, FICA and Medicare, and any other benefits would be incurred by the company. And they’re based on the wage base.

If you increase automation from 2.0 to 5.0, the cost is: a. $12 per unit of capacity. b. $15 per unit of capacity. c. $9 per unit of capacity. d. $6 per unit of capacity. e. Cannot determine with this information.

Description : If you increase automation from 2.0 to 5.0, the cost is: a. $12 per unit of capacity. b. $15 per unit of capacity. c. $9 per unit of capacity. d. $6 per unit of capacity. e. Cannot determine with this information.

Last Answer : a. $12 per unit of capacity.

If you only had $20 to spend at the grocery store for a week, what would you buy?

Description : If you only had $20 to spend at the grocery store for a week, what would you buy?

Last Answer : I would probably just die. Lol. I guess I would buy a bunch of Top Ramen and stuff for a sandwich.

People make jokes about me running. I store items for you so they don't go bad. I light up when you open the door. What am i? -Riddles

Description : People make jokes about me running. I store items for you so they don't go bad. I light up when you open the door. What am i? -Riddles

Last Answer : A fridge.

What advantage is there for an enterprise to adopt a virtual private cloud model? A. Reduce costs by adopting a flexible pricing model for the entire operation. B. Reduce infrastructure costs since all data centers will be managed in a third party cloud. C. Manage sensitive data in a compliant and secure manner and benefit from flexible pricing models for select services or infrastructure. D. Obtain maximum control over aspects such as security and performance since the entire infrastructure will be managed within the IT department.

Description : What advantage is there for an enterprise to adopt a virtual private cloud model? A. Reduce costs by adopting a flexible pricing model for the entire operation. B. Reduce infrastructure ... such as security and performance since the entire infrastructure will be managed within the IT department.

Last Answer : Manage sensitive data in a compliant and secure manner and benefit from flexible pricing models for select services or infrastructure.

To maximize market share, a firm may use _____________ pricing, which is based on the theory that as sales volume increases, unit costs will decrease. A. Market-penetration B. Market-skimming C. Value pricing D. Demand pricing E. Price bands

Description : To maximize market share, a firm may use _____________ pricing, which is based on the theory that as sales volume increases, unit costs will decrease. A. Market-penetration B. Market-skimming C. Value pricing D. Demand pricing E. Price bands

Last Answer : A. Market-penetration

In market-penetration pricing, the company’s objective is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits. A. Block competitive launches B. Maximize their market share C. Minimize their market share D. Maximize volume E. None of the above

Description : In market-penetration pricing, the company's objective is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits. A. Block competitive launches B. ... their market share C. Minimize their market share D. Maximize volume E. None of the above

Last Answer : B. Maximize their market share

Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: A)price leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Description : Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Last Answer : B)smoothing demand fluctuations.

------ pricing is possible when a firm is able to reduce its manufacturing costs at a predictable rate through improved methods, materials, skills, and machinery. A)experience -curve B)price leader C)manufacturing based D)production -curve

Description : ------ pricing is possible when a firm is able to reduce its manufacturing costs at a predictable rate through improved methods, materials, skills, and machinery. A)experience-curve B)price leader C)manufacturing based D)production-curve

Last Answer : A)experience-curve

Management at Algo Electronics is having difficulty in raising the introductory price on system components to cover its increased costs. Apparently, Algo used a ________ pricing policy in pricing these components. A)odd-even B)skimming C)penetration D)psychological

Description : Management at Algo Electronics is having difficulty in raising the introductory price on system components to cover its increased costs. Apparently, Algo used a ________ pricing policy in pricing these components. A)odd-even B)skimming C)penetration D)psychological

Last Answer : C)penetration

If a pint of Guinness costs less in Belfast than in Edinburgh this would reflect which of the following pricing methods? A)Price differentiationB)Base -point pricing C)Freight absorption pricing D)Transfer pricing E)Zone pricing

Description : If a pint of Guinness costs less in Belfast than in Edinburgh this would reflect which of the following pricing methods? A)Price differentiationB)Base-point pricing C)Freight absorption pricing D)Transfer pricing E)Zone pricing

Last Answer : E)Zone pricing

15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: A)price leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Description : 15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's ... leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

Last Answer : B)smoothing demand fluctuations.

__________ includes practices such as overstating the product's features or performance, luring the cutomer to the store for a bargain that is out of stock, or running rigged contests. 1. Deceptive promotion 2. Deceptive packaging 3. Deceptive pricing 4. Deceptive cost structure 5. none of these

Description : __________ includes practices such as overstating the product's features or performance, luring the cutomer to the store for a bargain that is out of stock, or running rigged contests. 1. Deceptive ... 2. Deceptive packaging 3. Deceptive pricing 4. Deceptive cost structure 5. none of these

Last Answer : Deceptive promotion

Pricing cues such as sale signs and prices that end in 9 become more influential when ________. A. Consumer price knowledge is poor B. Items are purchased frequently C. Items have been on the market a long time D. Prices are consistent year-round E. They are employed frequently

Description : Pricing cues such as sale signs and prices that end in 9 become more influential when ________. A. Consumer price knowledge is poor B. Items are purchased frequently C. Items have been on the market a long time D. Prices are consistent year-round E. They are employed frequently

Last Answer : A. Consumer price knowledge is poor

Following a hurricane, a tremendous demand for gas-powered generators occurs. Gotts Hardware holds a large stock of these items and it faces major ethical decisions with regard to the ------ issue. A) product B) advertising C) personal selling D) publicity E) pricing

Description : Following a hurricane, a tremendous demand for gas-powered generators occurs. Gotts Hardware holds a large stock of these items and it faces major ethical decisions with regard to the ------ issue. A) product B) advertising C) personal selling D) publicity E) pricing

Last Answer : E) pricing

Historically, Knox PLC sold industrial clamps directly to firms using these items in their production process. Knox's Chairman believes that it may be time to start using an industrial distributor because of the ability of such firms to: A)provide Knox with market information. B)supply technical information to Knox. C)provide customers with more competitive pricing. D)carry a more complete line of Knox clamps. E)market the products to Knox specifications.

Description : Historically, Knox PLC sold industrial clamps directly to firms using these items in their production process. Knox's Chairman believes that it may be time to start using an industrial distributor because ... D)carry a more complete line of Knox clamps. E)market the products to Knox specifications.

Last Answer : A)provide Knox with market information.

He can buy a monthly pass for $30 and pays $0.08 per ride, or he can pay $2.30 per ride after how many rides will the two options cost the same which is the better option of jake's takes the bus 5 days per week for 4?

Description : He can buy a monthly pass for $30 and pays $0.08 per ride, or he can pay $2.30 per ride after how many rides will the two options cost the same which is the better option of jake's takes the bus 5 days per week for 4?

Last Answer : 35

In the Clark Company, sales were $480,000, sales returns and allowances were $30,000, and cost of goods sold was $288,000. The gross profit rate was a. 64%. b. 36%. c. 40%. d. 60%.

Description : In the Clark Company, sales were $480,000, sales returns and allowances were $30,000, and cost of goods sold was $288,000. The gross profit rate was a. 64%. b. 36%. c. 40%. d. 60%.

Last Answer : b. 36%.

I am in Time, and I am in Tie. I am in FIsh, I am also sometimes only one. What Am I? -Riddles

Description : I am in Time, and I am in Tie. I am in FIsh, I am also sometimes only one. What Am I? -Riddles

Last Answer : The Letter i. The letter I is in every word it is in 'I am in tIme, and I am in tIe, I am in fIsh,' The letter I can also be alone in A Sentence. Example: Well, I can be alone!

I'm something that gets used by the owner more than anyone else. You must tie me up before you can use me. What am I? -Riddles

Description : I'm something that gets used by the owner more than anyone else. You must tie me up before you can use me. What am I? -Riddles

Last Answer : A shoe.

How can you hold a piece of string, one end in each hand, and tie a knot in the string with out letting go of either end? -Riddles

Description : How can you hold a piece of string, one end in each hand, and tie a knot in the string with out letting go of either end? -Riddles

Last Answer : Cross your arms before you seize the ends of the string. Uncross your arms and it will tie a knot!

Little Tommy Tittletat took two Ts, to tie two ups to two tall trees, to torment the terrible little tat. How many T's in all of that? -Riddles

Description : Little Tommy Tittletat took two Ts, to tie two ups to two tall trees, to torment the terrible little tat. How many T's in all of that? -Riddles

Last Answer : There are 2 T's in all of ThaT.

I am walking and i don't see my tie. Where did it go? -Riddles

Description : I am walking and i don't see my tie. Where did it go? -Riddles

Last Answer : On my shoe.

My first is high, My second damp, My whole a tie, A writer's cramp. What am I? -Riddles

Description : My first is high, My second damp, My whole a tie, A writer's cramp. What am I? -Riddles

Last Answer : Hyphen. The first two lines yield high-fen. A hyphen is used by a writer to tie (or cramp) two words together.