claire33p7xpgf
Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

A company paid ​$203.00 for an item. The original price was​ $291.10​, but this was marked down 40​%. If the operating expenses are 36​% of the​ cost, find the operating loss and the absolute loss.

1. What is the operating loss?
2. What is the absolute loss?

Sagot :

Answer,:

Answer and Explanation: 1

1.

Calculation for operating loss is shown below:

Break-even point in dollars = Cost + Operating expenses

Break-even point in dollars = $208.40 + (36% * $208.40)

Break-even point in dollars = $208.40 + $ 75.024

Break-even point in dollars = $283.424

Reduced price = Original price - (Original price * Mark down)

Reduced price = $292.60 - ($292.60 * 40%)

Reduced price = $292.60 - $117.04

Reduced price = $175.56

Operating loss = Break-even point in dollars - Reduced price

Operating loss = $283.424 - $175.56

Operating loss = $107.864

2.

Calculation of absolute loss is shown below:

Absolute loss = Cost - Reduced price

Absolute loss = $208.40 - $175.56

Absolute loss = $32.84

brain less plss

THIS ANSWER IS CORRECT

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.