An expensive wristwatch was priced at 40,000.00 subject to 20% and 10% discounts. Find a. the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
An expensive wristwatch was priced at 40,000.00 subject to 20% and 10% discounts. Find a. the single rate equivalent of the two discounts, b. the total amount of the two discounts, and c. the additional discount rate that would further bring down the price to 27,000.00. An expensive wristwatch was priced at 40,000.00 subject to 20% and 10% discounts. Find a. the single rate equivalent of the two discounts, b. the total amount of the two discounts, and c. the additional discount rate that would further bring down the price to 27,000.00.
Expert Answer:
Answer rating: 100% (QA)
1Y PHce of weetch ir 40000 The single sate eapetivelest of 30 ... View the full answer
Posted Date:
Students also viewed these mathematics questions
-
An expensive wristwatch was priced at 40,000.00 subject to 20% and 10% discounts. Find a. the single rate equivalent of the two discounts, b. the total amount of the two discounts, and c. the...
-
A smart home is connected to micro grid as well as utility grid. The micro grid consists of solar and wind energy. Solar power plant meet 60% of energy demand of smart home while rest is from wind...
-
Wheels, Inc. manufactures bicycles sold through retail bicycle shops in the southeastern United States. The company has two salespeople that do more than just sell the products - they manage...
-
What are the possible coping strategies that could help freelancers to overcome financial challenges and improve their financial well-being? Is there any significant impact in the financial...
-
Consider each of the following separate situations that arose in 20X1: a. Corporation G invested $ 65,000 in corporate bonds as a short- term investment. The year- end 20X1 market value of the bonds...
-
Successive Approximations and the van der Waals Equation. In the ideal-gas equation, the number of moles per volume n/V is simply equal to p/RT. In the van der Waals equation, solving for n/V in...
-
Financial statement analysis is a process whereby the basic financial statements are reviewed and evaluated to assess a firms financial health and/or performance. Calculating financial ratios is an...
-
1. What personality and behavior characteristics does Henry Rankin exhibit? Do you think these traits contribute to a good personjob fit for him? If you were an executive coach hired to help Rankin...
-
You are the new internal audit director of SNC Enterprise Ltd., which provides courier services nationally and internationally. The enterprise completed its last financial year with a net income of...
-
Define two derived classes of the abstract class ShapeBase in Your two classes will be called RightArrow and LeftArrow. These classes will be like the classes Rectangle and Triangle, but they will...
-
a. Jorge likes both ramen and tacos, but he has diminishingmarginal utility for both goods. Explain what this means. (5points) b. Lets say that ramen costs $15 and tacos cost $5 (Jorge buyshis ramen...
-
Important audit procedures for the balance accounts receivable usually include the following: a Confirm account balances with selected customers. b Inquire of management and read agreements and...
-
The scope of audit procedures can be modified by varying the nature, timing, or extent of procedures selected. Explain how materiality at the account balance level may be a consideration that...
-
Martin & Co., a CPA firm, has adopted the following specific percentages for the indicated qualitative levels of risk: Minimum 30% Moderate 50% Maximum 100% Martin & Co. has also decided to use a 5...
-
Using the activity format for the balance sheet account cash, identify the indi- rect testing effects on the components of directly testing the ending balance for overstatement. Also, explain how the...
-
What is the due diligence defense that may be used by auditors under the Securities Act of 1933? What are the good faith and no knowledge defenses that may be used under the Securities Exchange Act...
-
MAJOR SUBPROJECTS/ACTIVITIES Product Specifications (P) ACTIVITY IDENTIFICATION DEPENDENCY DURATION (WEEKS) Market research P1 Overall product specifications P2 P1 Hardware P3 P2 Software P4 P3 656...
-
All of the following assets can be depreciated, except: (a) A bulldozer (b) A copper mine (c) A surgical robot (d) A conveyor belt
-
The Oasis Hotel is planning its cash payments for operations for the fourth quarter (October-December), 2003. The Accrued Expenses Payable balance on October 1 is \($136,000.\) The budgeted expenses...
-
Rough Trails Bicycle Company manufactures mountain bikes. The following data for March of the current year are available: Determine the direct labor rate and time variances.. Quantity of direct labor...
-
Curtis Container Company (CCC) manufactures plastic 2-liter bottles for the beverage industry. The cost standards per 100 2-liter bottles are as follows: At the beginning of May, CCC management...
3x Sales Success How To Move Your Sales Team To The Top 1 1st Edition - ISBN: 0998854662 - Free Book
Study smarter with the SolutionInn App