Solve the Problem

question 29

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent.
-Bob's Tires manufactures steel-belted radials at a cost of $53.66 each. Bob then sells the tires at a 44.8% markup based on cost. Find (a) the markup, (b) the selling price, and (c) the markup as a percent of selling price

• A)(a)$24.04
• (b)$77.70
• (c)30.9%
• B)(a)$24.04
• (b)$77.70
• (c)44.8%
• C)(a)$119.78
• (b)$173.44
• (c)223.2%
• D)(a)$119.78
• (b)$173.44
• (c)69.1%

Grasp the importance of minimizing the number of main points in a presentation for clarity and impact.

Know the distinctions between oral and written communication styles in presentations.

Understand how to handle questions effectively during or after a presentation.

Learn the significance of practicing a speech to enhance delivery and presentation flow.

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Definitions:

Benefits-Received Principle

A theory of taxation wherein individuals pay taxes in proportion to the benefits they receive from government services.

Camping Fee

A charge for the privilege of accessing and using facilities or spaces designated for camping.

National Parks

Protected areas established by governments for the conservation of nature, preservation of wildlife, and recreation, accessible to the public.

Economic Income

The total value of all income received by individuals or corporations, including both realized and unrealized gains.