Financial Math Answers

aldo's shoes bought a shipment of 667 pairs of​ women's shoes for ​$36.00 per pair. The store sold 122 pairs at the regular selling price of $228.00 per​ pair, 78 pairs at a clearance sale at a discount of 35% and the remaining pairs during an inventory sale at a price that equals cost plus overhead. The​ store's overhead is 25% of cost.

​(a) What was the price at which the shoes were sold during the clearance​ sale?

​(b) What was the selling price during the inventory​ sale?

​(c) What was the total profit realized on the​ shipment?

​(d) What was the average rate of markup based on cost that was realized on the​ shipment?

A stone crushing company is planning to purchase a Wheel Loader to be used for conveying raw

stone to a large Stone Crushing Machine and loading crushed stone in trucks. A new Wheel loader

can be purchased directly from Caterpillar Company for $150,000. The new Wheel Loader will

reduce the annual cost by $25,500 and increase annual operating expenses by $4,500. The useful

life of the Wheel Loader is 20 years. After 20 years it will have a salvage value of $30,000. The

company uses straight line method of depreciation for all assets.

Compute the Net Income, Given; 

Cost of Goods Sold = $37,000, SGA Costs = $25,000, Sales Revenues=$99,000, 

End WIP=$10,000, End Raw Materials = $11,000.

Some year, Ben's net salary was 1939 €, while the consumer price index (CPI) was 106.5. One year later, his net salary was 2210 €, while the consumer price index (CPI) was 115.2. Calculate the relative real change in Ben's net salary as percentage.

The net revenue of a company rose 3.6 %, while inflation rate was 3.0 %. Calculate the relative real change in revenue as percentage.

The consumer price index (CPI) rose from 104.5 to 117.0, while Mary's net salary rose 13.5 %. Calculate the relative real change in her salary (purchasing power) as percentage.

One year, the price of a flat was 127365 €, and the consumer price index (CPI) was 105.8. A couple of years later, the price has risen to 135149 €, and the consumer price index (CPI) was 112.2. Calculate the relative real change in the price as percentage.

From year 2001 till 2014, the increase in food prices followed the changes of CPI. The CPI of 2001 was 105.8 and of 2014 125.5. If certain food purchases cost 382 € in year 2014, what was the same food purchases' price in year 2001?