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The Cambridge had been preceded by the Sinclair Executive, Sinclair's first pocket calculator, in September 1972.At the time the Executive was smaller and noticeably thinner than any of its competitors, at 56 by 138 by 9 millimetres (2.20 in × 5.43 in × 0.35 in), fitting easily into a shirt pocket.
Dubai also took delivery of over $15 million worth of watches and over 5 million ounces of silver. The 1967 price of gold was $35 an ounce but its market price in India was $68 an ounce – a healthy markup. Estimates at the time put the volume of gold imports from Dubai to India at around 75% of the total market. [50]
Profit margin is calculated with selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit, whereas "profit percentage" or "markup" is the percentage of cost price that one gets as profit on top of cost price.
ANITA Mk VIII. The ANITA Mark VII and ANITA Mark VIII calculators were launched simultaneously in late 1961 as the world's first all-electronic desktop calculators. [1] [2] Designed and built by the Bell Punch Co. in Britain, and marketed through its Sumlock Comptometer division, they used vacuum tubes and cold-cathode switching tubes in their logic circuits and nixie tubes for their numerical ...
The word acronym is formed from the Greek roots akro-, meaning 'height, summit, or tip', and -nym, 'name'. [6] [unreliable source] This neoclassical compound appears to have originated in German, with attestations for the German form Akronym appearing as early as 1921. [7]
In Cost-Volume-Profit Analysis, where it simplifies calculation of net income and, especially, break-even analysis.. Given the contribution margin, a manager can easily compute breakeven and target income sales, and make better decisions about whether to add or subtract a product line, about how to price a product or service, and about how to structure sales commissions or bonuses.
An Edgeworth price cycle is cyclical pattern in prices characterized by an initial jump, which is then followed by a slower decline back towards the initial level. The term was introduced by Maskin and Tirole (1988) [1] in a theoretical setting featuring two firms bidding sequentially and where the winner captures the full market.
Maximum retail price (MRP) is a manufacturer-calculated price that is the highest price that can be charged for a product sold in India, Indonesia, where it is known as Harga Eceran Tertinggi (HET), and Bangladesh. [1] The MRP is also imposed by the government in Sri Lanka for goods designated as 'essential commodities'. [2]