A company makes snowboards that retall at $1250. The company offers chained discounts of 30% and...
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A company makes snowboards that retall at $1250. The company offers chained discounts of 30% and 5% to its retailers. 1. Calculate the price a retailer would pay for the snowboards. What single discount (single equivalent discount) is equivalent to these two discounts. What is the percent markup of the retallers. Due to a slowdown in sales the manufacturer would like to increase the total discount given to its retailers to 40%. What additional chained discount must they offer? a. b. C. d. 2. The Quickie Mart receives a shipment of batteries on Jan 20. 15 cases are delivered. The price is $45 per case with discounts of 6% and 5% and payment terms of 1/15, n/30. a. What is the last day payment can be made? How much must be paid? b. What is the last day a discount can be taken? How much would be paid? C. The supplier offers cash discounts on partial payments, if the Quickie Mart pays $500 after 13 days how much will they owe at the end of 30 days? 3. On November 3, the Springfield power plant receives 10 fuel rods. The rods have a list price of $20,000 each with discounts of 5% and 10% and payment terms of 2/10, 1/15 net 30. What is the last day the invoice can be paid? How much must be paid? What is the last day the 2% discount may be taken? How much must be paid? if the supplier offers cash discounts on partial payments and $100,000 is pald after 5 days and another $50,000 15 days after the invoice date Howmuch will b. C. Springfield owe at the end of 30 days? A company makes snowboards that retall at $1250. The company offers chained discounts of 30% and 5% to its retailers. 1. Calculate the price a retailer would pay for the snowboards. What single discount (single equivalent discount) is equivalent to these two discounts. What is the percent markup of the retallers. Due to a slowdown in sales the manufacturer would like to increase the total discount given to its retailers to 40%. What additional chained discount must they offer? a. b. C. d. 2. The Quickie Mart receives a shipment of batteries on Jan 20. 15 cases are delivered. The price is $45 per case with discounts of 6% and 5% and payment terms of 1/15, n/30. a. What is the last day payment can be made? How much must be paid? b. What is the last day a discount can be taken? How much would be paid? C. The supplier offers cash discounts on partial payments, if the Quickie Mart pays $500 after 13 days how much will they owe at the end of 30 days? 3. On November 3, the Springfield power plant receives 10 fuel rods. The rods have a list price of $20,000 each with discounts of 5% and 10% and payment terms of 2/10, 1/15 net 30. What is the last day the invoice can be paid? How much must be paid? What is the last day the 2% discount may be taken? How much must be paid? if the supplier offers cash discounts on partial payments and $100,000 is pald after 5 days and another $50,000 15 days after the invoice date Howmuch will b. C. Springfield owe at the end of 30 days?
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Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
Posted Date:
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