Using a Calculator, Solve the Following Problems $\mathrm { N } 72 ^ { \circ } \mathrm { W }$

question 107

Multiple Choice

Using a calculator, solve the following problems. Round your answers to the nearest tenth.
-A ship leaves port with a bearing of $\mathrm { N } 72 ^ { \circ } \mathrm { W }$ . After traveling 20 miles, the ship then turns $90 ^ { \circ }$ and travels on a bearing of $\mathrm { S } 18 ^ { \circ } \mathrm { W }$ for 17 miles. At that time, what is the bearing of the ship from port?

• A) \(\mathrm { N } \mathrm {} 112.4 ^ { \circ } \mathrm { W }\)
• B) \(\mathrm { N } \mathrm {} 40.4 ^ { \circ } \mathrm { W }\)
• C) \(\mathrm { N } 58.4 ^ { \circ } \mathrm { W }\)
• D) N \(31.6 ^ { \circ } \mathrm { W }\)

Calculate basic financial ratios such as markup percentage, markdown percentage, and return on investment.

Distinguish between gross sales, net sales, and gross margin.

Recognize how inventory management impacts financial statements.

Understand the financial impact of price adjustments on sales and profitability.

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Definitions:

Optimal Labor Employment

The level at which the addition of one more employee maximizes the organization's net productivity and profit.

Marginal Expenditure

The incremental cost associated with the purchase of an additional unit of a good or service.

Marginal Product

The increase in output that arises from an additional unit of input.

Marginal Revenue

The additional income generated from the sale of one more unit of a product or service.