A company makes a $5 profit on each non-faulty product it sells. Approximately 2% of the products manufactured are faulty, with no way to discover which ones are faulty before delivery. If replacement-and-repair costs for the faulty products are $100 each, what is the profit per item? loss of $15. 10 loss of $15 profit of $2. 90 profit of $3. 0.

Answers

Answer 1

Based  on the information given the profit per item is $2.90.

First step is to calculate the company profit

Profit=(100%-2%)×$5

Profit=98%×$5

Profit=$4.9

Second step is to calculate the profit per item

Profit per item=$4.9-($100×2%)

Profit per item=$4.9-$2

Profit per item=$2.90

Inconclusion  the profit per item is $2.90.

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Related Questions

what is quality management

Answers

Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.

Yolanda owns a custom curtain business. One of her suppliers brings her a delivery of decorator fabric on the 1st of each month, which she can pay for at anytime during that month. If she pays for the fabric by the 15th of the month, her supplier gives her a 10 percent discount off the cost. Which short-term liability does this scenario best describe

Answers

The short-term liability in the scenario is BEST described as E. a trade credit.

Trade credit involves the extension of the payment date for a business transaction.  The 10% discount offered by the supplier to Yolanda's curtain business within the discount period of 15 days is a financial inducement to enable Yolanda to pay on time.

Thus, within the credit period, the short-term liability that Yolanda's business bears is known as a trade credit, not an account receivable, a line of credit, a factor, or a loan.

Answer Options:

A. an account receivable

B. a line of credit

C. a factor

D. a loan

E. a trade credit

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what is a public enterprise?

answer the question ✌​

Answers

A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public

Public Enterprise is a business organization partly owned by the state and controlled through a public authority.

Types :

Government companies Departmental undertakingsStatutory Corporations

Examples :

State Bank of IndiaOil & Natural Gas Corporation

Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of

Answers

Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.

What is a Bartering?

Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.

Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.

Hence, in this case, it is concluded that the correct answer is Bartering.

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Why do you think Zappos offers a $2,000 incentive to quit?

Answers

Answer:

Explanation:

Is there more to the question?

A customer owns an ABC Call option. ABC declares a dividend for shareholders on record July 5th. The last day to exercise the option and get the dividend is: A June 30th B July 1st C July 2nd D July 3rd

Answers

Based on the information given, the last day to exercise the option and get the dividend is D. July 3rd.

A dividend simply means the distribution of profits by a  corporation to the shareholders. It's simply the profit shared with them.

Since the customer owns an ABC Call option and ABC declares a dividend for shareholders on record July 5th, then the last day to exercise the option and get the dividend is July 3rd.

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what does it mean when the fed raises interest rates

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What Happens When the Fed Raises Rates?

——> When the Fed raises the federal funds target rate, the goal is to increase the cost of credit throughout the economy.

Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his phone call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of

Answers

Answer:

This is an example of a unilateral contract.

bank consistently denies loans to people of color because it believes they are unlikely to repay the amount due on time. This is most likely an example of __________ discrimination.

Answers

The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc

An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups.

The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedure

Therefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.

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A credit card is not considered money because A. it is not a store of value. B. it simply defers rather than completes transactions that ultimately involve the use of money. C. it is not a unit of accounting. D. All of the above.

Answers

Credit or debit card dose have value whatsoever !

Which of the following expressions is equal to the total investment of a no-load mutual fund? a. Net assets Ă· number of shares b. Net asset value Ă· number of shares c. Net asset value x number of shares d. Offer price x number of shares.

Answers

The answer choice which is equal to the total investment of a no-load mutual fund is:

C. Net asset value x number of shares

According to the given question, we are asked to state the answer choice which is equal to the total investment of a no-load mutual fund and how this affects the market shares.

As a result of this, we can see that in a no-load mutual fund, there has to be the net asset value which is multiplied by the number of shares which a person currently holds and is equal to the total investment made.

With this in mind, a net asset is the total assets which a company has after the liabilities have been removed.

Mathematically, it is calculated by making an addition of the total fixed assets plus the total current assets minus the total liabilities.

Hence, the total investment of a no-load mutual fund is found by the net asset value multiplied by the number of shares.

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the tax cut will have a larger impact on aggregate demand in the economy with the .

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The larger impact will be felt on aggregate demand in the economy and the Larger MPC when there is tax cut.

Tax cuts refers to when there is reduction in tax payment along with the government revenue.

The main reason for Tax cuts is to decrease the income of government and to increase the income of tax payers.

In conclusion, the larger impact will be felt on aggregate demand in the economy and the Larger MPC when there is tax cut.

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Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses on factual information c. Common in small businesses d. Limited information on the interviewee's personality Please select the best answer from the choices provided A B C D.

Answers

Unstructured Interviews are common in small businesses. Option C is correct.

What is an Unstructured Interview?It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents. Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked. This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.

Since in small companies, the work areas of employees are wider than the big corporate.

Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.

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Answer:

it c

Explanation:

yw

Explain the difference between goods and services.

Answers

Answer:

Goods are things you buy. For example, if you were to buy fruits from a supermarket, you would be buying goods. Services are something you pay for to benefit you in some way. If you were to go to a hair salon or a nail salon, you would be paying for services.

Explanation:

Answer:

is your  fat

Explanation:

is your fat

________________ and __________________ are creating customers who are educated about their needs and all the available options for meeting those needs.

Answers

Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

Demand is when people are willing to buy and pay for goods and services at a certain time, while supply is the amount of goods and services available by suppliers to consumers.

There is usually an interaction between the sellers of a resource and the buyers for that resource hence supply create and make available resources while demand pay for the available resources.

Therefore, Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

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Answer: Supply, Demand

Explanation:

If Kevin is currently insured under Leroux for his medical insurance under Plan A, how will the proposed changes affect his health care costs? a. Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured. B. Costs for regularly scheduled health care will go up, but Kevin will probably pay less than he would have if he finds himself seriously ill or injured. C. Both the cost for regularly scheduled health care and the cost for emergency health care will go down, making the changes very good for Kevin. D. Both the cost for regularly scheduled health care and the cost for emergency health care would go up, contradicting the intentions of Leroux Insurance.

Answers

Considering the case, of Kelvin, if he currently insured under Leroux for his medical insurance under Plan A, then, Costs for regularly scheduled health care will go down, but Kevin may end up paying more if he finds himself seriously ill or injured.

What is health insurance?

Health insurance can be regarded as the type of insurance that cover hospital visits as well as prescription drugs and wellness care.

Most health insurance do cover some other range of services such as cosmetic procedures and beauty treatments.

Since, Kelvin is currently insured under Leroux, then Costs for regularly scheduled health care will go down.

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Answer:

A!!!!!!!

Explanation:

Just believe me I got this

On November 2, Kasdan Company has cash sales of $6,000 from merchandise having a cost of $3,600. The entries to record the day's cash sales will include:

Answers

Answer:

$3,600 credit to Inventory. (C)

Explanation:

please mark me brainliest!!

REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.

Answers

Considering the available options, Realtors are known to have various functions, including options A and B only.

Functions of a Realtor

Generally, Realtors are known to perform many responsibilities, including the following:

Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

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A grid-based layout commonly used in website design is called what?

A. Rebus

B. Mondrian

C. Circus

D. Sihouette

Answers

A grid-based layout that is commonly used in the design of a website is called: B. Mondrian.

A website can be defined as a collective name that is used to describe series of webpages that are linked together with the same domain name. Also, all website are hypertext markup language (HTML) documents that contains codes, tags, image, audio, and video files, inserted to make them responsive and interactive with end users.

In Web design, a grid serves as an underlying structure upon which the layout of a website is built. The most commonly used grid-based layout for the design of a website is called Mondrian.

Mondrian is a grid-based layout that can be used to divide spaces on a website into clear sections, in order to enable the smooth navigation and transition of webpages and its contents.

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Students at a major university must go through several registration steps. Officials have observed that it is typically the case that the waiting line at the fee-payment station is the longest. This would seem to suggest that the fee-payment station is the ___________ in the student registration process. Multiple Choice capacity cushion first station bottleneck economy of scale diseconomy of scale

Answers

Answer:

bottleneck

Please give Brainliest answer if this has helped!

Explanation:

A bottleneck can be illustrated as a situation that causes a delay in a process. The waiting line at the fee payment station exists very long and this controls the smooth sailing of the registration procedure therefore it comprises a bottleneck.

What is a bottleneck in machine learning?

The bottleneck in a neural network exists only in a layer with more irregular neurons than the layer below or beyond it. Maintaining such a layer enables the network to condense segment expressions (of salient features for the target variable) to the most suitable fit in the available space.

A bottleneck can be illustrated as a situation that causes a delay in a process. The waiting line at the fee payment station exists very long and this controls the smooth sailing of the registration procedure therefore it comprises a bottleneck.

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Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from _____ grams to 500 ounces or more.

Answers

Based on financial management, Coin dealers, precious metals dealers, and some banks sell gold bullion in amounts ranging from 5 grams to 500 ounces or more.

What is gold bullion?

Gold bullion is generally refined gold with an excellent standard of elemental purity. The current standard practice in selling gold bullion range from 5 grams to 500 ounces or more.

Example of Gold bullion

Some gold bullion made entirely of gold include the following:

BritanniaCanadian Maple LeafAmerican Buffalo, etc.

Hence, in this case, it is concluded that the correct answer is 5 grams.

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An advantage of water transportation over road transportation was that a. canals made Philadelphia the center of commerce for midwestern trade. b. canals cost less to construct than roads. c. canal construction was easier to do than road construction. d. the federal government preferred to fund canal projects over road transportation. e. canals increased the speed of commerce over long distances.

Answers

The advantage of the water transportation over road transportation was that water transportation was faster than road transportation.

Water transport refers any form of transport that takes places on body of water. This is very effective because there are usually no hindrance to vessel movement on sea, ocean, rivers etc

The road transport entails the form of transport that take place of the road.

Hence, the advantage of the water transportation over road transportation was that water transportation was faster than road transportation.

Therefore, the Option F is correct.

Missing option include "F. water transportation was faster."

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Identify which accounts would appear in a post-closing trial balance: Multiple select question. purchases drawing cash accounts payable owner's capital rent expense

Answers

There are different types of account. The accounts would appear in a post-closing trial balance are owner's capital and cash account.

The post-closing trial balance will show only asset, liability, and stockholders' equity accounts and stockholders' equity accounts.

Post-closing trial balance is simply known to be a listing of all balance sheet accounts containing non-zero balances. It is usually done at the end of a reporting period.

It is often used to verify that the total of all debit balances when equals the total of all credit balances. This should net to zero.

The post-closing trial balance is known to contains only the permanent/real accounts, which are assets, liabilities, and equity.

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Why does Staples participate in Anti-Money Laundering Compliance?

To improve business performanceTo prevent illegal activity and terrorismTo prevent fraud

Answers

The main reason why Staples participates in Anti-Money Laundering Compliance is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are moved from one place to another, usually to finance other illegal activities.

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the Anti-Money Laundering Compliance so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

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what is represented by the distance between two vertical white gridlines on this graph?

Answers

The information which is represented by the distance between two (2) vertical white gridlines on the graph in the image attached is: a time span of 50 years.

A graph can be defined as the graphical representation of data (information) on both the horizontal and vertical lines, which are x-axis and y-axis respectively.

In this scenario, the x-coordinates is used to represent time in years ranging from 1500 to 2050.

On the other hand, the y-coordinates is used to represent the total population in billions.

From the graph, we can deduce that each point of the vertical white gridlines with respect to another represent a time span of 50 years.

For example:

[tex]Time\;span = 1950-1900[/tex]

Time span = 50 years.

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What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children? (Paragraph 60)


A
The sun makes the children violent.
B
The sun makes the children feel free.
C
The sun turns the children against each other.
D
The sun causes the children to understand Margot.

Answers

This question is about the phrase "Like animals escaped from their caves".

This phrase refers to the impact of sun on children. Children are innocent and they want to enjoy their life. They do not have worries of life.

They are free from stress. If weather is rainy or snowy it may hinder children from going out.

Children will have to stay inside their house due to bad weather conditions so they will loose their creativity.

The Phrase "Like animals escaped from their caves" means sun will compliment children to play and go outside.

The correct answer is B. The sun makes the children feel free.

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Find the tax percentages for each type of tax on your pay stub and insert them here. Then, press the calculate button when you’re ready. FEDERAL % of $1,560.00 FICA MEDICARE % of $1,560.00 FICA SOCIAL SECURITY % of $1,560.00 STATE % of $1,560.00

Answers

Answer:

including with gst ????

PLEASE PLEASE PLEASE HELP !!

Answers

Answer:

box 1 box 3 and box 5 try that of not im sorry

Allan borrowed $4200 from his father to buy a car. He repaid him after 4 months with interest of 7% per year. Find the total amount he repaid.

Answers

The total amount Allan repaid is $4,297

Allan borrowed $4200

He repaid it after 4 months

The interest incurred is 7%

The total amount Allan can be repaid can be calculated by multiplying the amount he borrowed by the number of months and interest

= 4,200 × (1 + 7/100 × 4/12)

= 4,200 × (1 + 0.07×0.333)

= 4,200 × (1+0.0231)

= 4,200 × 1.023

= 4,297

Hence the total amount he repaid is $4,297

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how long will the increase in food stamps last in alabama 2021

Answers

Based on the latest information released by the Alabama government, the increase in food stamps would last in 2021, "when the target of 500,000 children has been met."

Food Stamps in Alabama 2021

As a result of the coronavirus pandemic, the state government of Alabama, like many other states government in the United States, is giving out food stamps to people.

However, the rolling out of these current food stamps will last until after the target has been met, which is "500,000 children."

The food stamps benefit totaled $180 million.

Hence, in this case, it is concluded that the correct answer is "when the target of 500,000 children has been met."

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