Hair World is considering a contract to sell merchandise to a hair salon chain for $16,000. This merchandise will cost Hair World $10,480. What would be the increase (or decrease) to Hair World’s gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.)

The increase of $5,520 to Hair World’s gross profit and by 34.5% gross profit percentage.

Explanation:

Gross profit is the actual return that company receive after deducting all the cost associated with the production of product. It will be calculated by deducting cost of goods sold from the revenue generated from the sale of that product.

Selling price of merchandise = $16,000

Cost of Merchandise = $10,480

Gross profit  = Price  - Cost = $16,000 - $10,480 = $5,520

Gross profit margin = ( Gross profit / Sales ) x 100 = ( $5,520 / $16,000 ) x 100 = 34.5%

all of them make sense but, i would have to say ask someone who has been there/or lives there, and/or read recent newspapers from that city.

hope this !

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!