An invoice shows a net price of $199.16 after trade discounts of 22%, 7%, and 5% are
Question:
An invoice shows a net price of $199.16 after trade discounts of 22%, 7%, and 5% are deducted.
a. What was the list price of the goods?
b. What single trade discount would be equivalent to the discount series?
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a b Discount 2...View the full answer
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John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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