Rhine Company Sets Price Equal to Cost Plus 40

question 136

Multiple Choice

Rhine Company sets price equal to cost plus 40%.Recently, Rhine charged a customer a price of $280 for an item.What was the cost of the item to Rhine?

• A) $120
• B) $185
• C) $200
• D) $340
• E) $580

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Definitions:

Vaginal Orifice

The external opening of the vagina.

Germ Cells

The reproductive cells in an organism that give rise to gametes (sperm and eggs).

Ovulation

The phase in the menstrual cycle when a mature egg is released from the ovary, making it available for fertilization.

Ovary

One of the pair of female reproductive organs that produce eggs and secrete hormones, including estrogen and progesterone.