Janelle Austin Services Hot Tubs and Spas and Sells Replacement

question 48

Short Answer

Janelle Austin services hot tubs and spas and sells replacement parts. Janelle marks up replacement parts 30% based on selling price. Compute the selling price of a hot tub water heater that has a cost of $107.17.

---

Definitions:

Entrepreneurs

Individuals who create, organize, and manage a new business venture, taking on financial risks to do so.

Infrastructure

The basic physical and organizational structures needed for the operation of a society or enterprise, such as roads, bridges, water supply, and electric grids.

Communications Facilities

Infrastructure and equipment used for the transmission, emission, or reception of signs, signals, writing, images, sounds, or information of any nature by wire, radio, optical, or other electromagnetic systems.

Industrial Plants

Facilities that contain machinery and equipment for manufacturing or processing goods and materials.