A wholesaler lists an item for $48.75 less 20%. What additional special promotion discount must be offered

Question:

A wholesaler lists an item for $48.75 less 20%. What additional “special promotion” discount must be offered to retailers to get the net price down to $36.66?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

See More Books

Question Posted: Jan 20, 2016 06:56 AM

See More Questions

A distributor lists an item for $85 less 20%. To improve lagging sales, the net price of the item is reduced to $57.80. What additional rate of discount does the distributor offer?
An item listed by a wholesaler for $750 less 20%, 5%, and 2% is reduced at a clearance sale to $474.81. What additional rate of discount was offered?
Greek Products Ltd. is a wholesaler of women's clothing. The company began opera- tions on January 1, 2015. The following transactions relate to securities acquired by Greek Products Ltd., which has...
Figure shows a current loop ABCDEFA carrying a current i = 5.00 A. The sides of the loop are parallel to the coordinate axes shown, with AB = 20.0 cm, BC = 30.0 cm, and FA = 10.0 cm. In unit vector...
The records of Ultra Company provide the following information for the year ended December 31. Required 1. Use the retail inventory method to estimate the company's year-end inventory at cost. 2. A...
Refer to the figure and find the volume generated by rotating the given region about the specified line. R 2 about BC y B(1, 1) C(0, 1) R2 y= Vr R3 Rr A(1, 0)
Who can conduct cost audit under the Companies Act, 2013?
1. Which of the following combinations correctly describes the relationship between foreign currency transactions, exchange rate changes, and foreign exchange gains and losses? .:. 2. In accounting...
8 areas that make up the revenue cycle of a health service provider (in this case, hospitals). 2. What is the Office of the Inspector General? What is its importance for the revenue cycle of a health...
Use the information from the Luxury Cruiseline Data Set. Suppose Luxury Cruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The executive cruise includes...
An invoice shows a net price of $176.72 after trade discounts of 30%, 10%, and 2% have been deducted. a. What was the list price of the goods? b....
The representative for a European ski manufacturer offers Snow n Surf Sporting Goods a regular discount of 25%, a volume discount of 10% for an order of at least 100 pairs of skis, and an early...
Consider the UML diagram used to model Steves Stylin Sunglasses (SSS) sales data. Draw a new UML diagram assuming that SSS sells mass-produced brand-name sunglasses instead of custom sunglasses?
There are wide differences across countries in the share of health resources spent on drugs. Describe possible economic and noneconomic factors that may contribute to the variation.
Suppose that population growth expands the qualityquantity frontier of a Newhouse utility-maximizing nonprofi t hospital. How would its choice of quantity and quality change? In your view, is a...
Consider the information in Box 17.2. Are the CEOs of Turing, Valeant, or other fi rms seeking profi table opportunities by purchasing generics and subsequently raising prices just engaging in good...
Why might demand for nurse labor by hospitals or other organized health providers be monopsonistic?
If an agency could cheaply, and accurately, monitor the delivery and quality of care by health care fi rms, would there be any contract failure in health care remaining? Would there be any need for...
Use the gradient to find the directional derivative of the function at P in the direction of v. w = 5x + 2xy - 3yz, P(1, 0, 1), v = i + j - k
On 1 July 2018, Parent Ltd acquired all the shares of Son Ltd, on a cum-div. basis, for $2,057,000. At this date, the equity of Son Ltd consisted of: $ 1,000,000 Share capital 500 000 shares...
An item that regularly sells for $85 is marked down in a 45% off sale. a. What is the reduced selling price? b. What is the amount of the markdown?
A 37.5% trade discount on a Nikon digital camera represents a discount of $223.14 from the suggested retail price. What is the net price to the buyer?
Calculate the missing values in problem. Assume in each case that the payment is made within the discount period. Invoice Amount credited amount ($) Credit terms Payment ($) ($) Balance owed ($)...
China's giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18. A panel of global banks and...
Write a classification essay in 3 rd person that you can describe clearly and cleverly. Have a clear thesis in the introduction that clearly list their classification categories.
Why college are important?

A wholesaler lists an item for $48.75 less 20%. What additional special promotion discount must be offered

Question:

Step by Step Answer:

NL1di1d2 1d2 ...View the full answer

Business Mathematics In Canada

Students also viewed these Accounting questions