Description : 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
Last Answer : $25. The pricing method charges $5 for each letter needed to spell the item.
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
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.
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
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
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.
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.
Description : Looking for a cheap ($15-$25/person), cool restaurant for dinner in NYC?
Last Answer : La Caridad on Broadway and 78th is good Chinese-Cuban food, hard to get outside of Miami and New York, no tourists (neighborhood people, cabbies and cops) and very good food, large portions, great cafe con leche, good prices.
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
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.
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
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.
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
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.
Description : I have 10 red socks and 10 blue socks in a drawer. How many socks must I take out to ensure that I have at least one matching pair? One how many to ensure I have at least a pair of red and a pair of blue? -Riddles
Last Answer : Three for one pair, and twelve to ensure one pair of each color.
Description : You have 14 brown socks, 14 blue socks and 14 black socks in your sock drawer. How many socks must you remove (without looking to be sure) to have a matched pair? -Riddles
Last Answer : Four. You will have a pair of one color or another.
Description : Where in the Bay Area can I buy natural-fiber underwear and socks?
Last Answer : Doesn't American Apparel sell organic underwear?
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.
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.
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.
Description : My brother just passed away in Albuquerque, New Mexico, he did not have any real property (real estate) he did own his vehicle and tools. His total amount of assests is around $30,000 and that might be high. Do I have to go through probate. ?
Last Answer : Yes because you need to transfer the property to be able to sell it.
Description : A farmer in California owns a beautiful pear tree. He supplies the fruit to a nearby grocery store. The store owner has called the farmer to see how much fruit is available for him to purchase. The ... each twig bears one piece of fruit, how many plums will the farmer be able to deliver? -Riddles
Last Answer : None. A pear tree does not bear plums
Last Answer : None. A pear tree does not bear plums.
Description : A guy and his wife went to the store and left their three children at home. When they returned, all of his children where dead. The au pair said she was reading the newspaper. the maid said she was making the beds, and the butler said he was putting away the groceries. Who did it? -Riddles
Last Answer : The butler because the parents went to the store to get the groceries. Therefore, they were out of groceries and there was none to put away.
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.
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.
Description : How long do you wear a pair of underwear for?
Last Answer : One day max. Point Blank. I am female and it just feels gross to wear underwear for too long.
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.
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
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.
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
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
Description : Did an American slave owner provide food and clothing to his slaves?
Last Answer : You probably need to read some books to get a detailed answer to this but yes the slave owner provided food and clothing or the materials to make food and clothing to the enslaved. ... about slavery and abolitionists is The Invention of Wings about the abolitionist sisters Sarah and Angelina Grimke.
Description : Why did the golfer change his socks? -Riddles
Last Answer : He had a hole-in-one.
Description : A clothing store that sets their advertising budget by following the major competitor and adding an additional 15 per cent is using the method 1. percentage of sales 2. arbitrary allocation 3. objective and task 4. competitive parity 5. None of these
Last Answer : competitive parity
Description : In the United States, the assembly line method of production was devised and implemented in Detroit by which company?
Last Answer : Ford
Description : How many clothing items do you own that don't fit you anymore?
Last Answer : Not many. I lost weight early this year and my pants were bagging on my butt. So I pitched them all and got new pants. I always go through my clothes every season and donate all of the clothes I haven’t worn in the last 2 years.
Description : If Pepsi sets the price of its six pack to match exactly the price of Coca - Cola's, Pepsi is using a ------ pricing method. A)demand -oriented B)cost -oriented C)experience curve D)competition -oriented
Last Answer : D)competition -oriented
Description : what- russell has $100 and wants to give his money to four different charities. He gives each charity $25.Which property is this an example of?
Last Answer : division property of equality
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.
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.
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.
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.
Description : Malcolm has come up with the idea of a well -devised system for picking up peoples' cars while they are at work, washing and waxing them, and returning them for a fee. Having been a big ... : A)direct marketing. B)franchising. C)door-to -door retailing. D)licensing. E)speciality retailing.
Last Answer : B)franchising
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.
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
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
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.
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