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...
Determine Zi, Zo and Av for the network of Fig. 8.74 if yfs = 3000 Î¼S and yos = 50 jus. +12 V 3.3 k2 10 1.1k
How would you compare the role of the manager and the role of the environment from the perspectives of institutional theory and population ecology? LO.1
Analyzing Items to Be Included in Inventory Walker Company has just completed a physical inventory count at year-end, December 31, 2011. Only the items on the shelves, in storage, and in the...
Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction builds and sells water features and fountains and has an aftertax cost of...
In March 2020, the management team of Londonderry Air (LA) met to discuss a proposal to purchase five shorthaul aircraft at a total cost of $25 million. There was general enthusiasm for the...
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...
Why is ES&OH a critical issue during System Deployment?
Concord Timber Company owns 9,000 acres of timberland purchased in 2014 at a cost of $1.470 per acre. At the time of purchase. the land without the timber was valued at $420 per acre. In 2015,...
Foofy computes z-scores for a set of normally distributed exam scores. She obtains a z-score of -3.96 for 8 out of 20 of the students. What do you conclude?
Part 1 Recording Using the financial statements for the hypothetical company - Big Box Retailer-record the transactions for the year to the financial statement. The financial statements may be found...
Finding Standard Deviation from a Frequency Distribution. In Exercises 37-40, refer to the frequency distribution in the given exercise and compute the standard deviation by using the formula below,...
STAR Co. provides paper to smaller companies whose volumes are not large enough to warrant dealing directly with the paper mill. STAR receives 100-feet-wide paper rolls from the mill and cuts the...
What restrictions are typically included in an indenture in order to protect the bondholder?
Consider the discrete group G of order 8 that has the following Cayley diagram e If we have the sequence of operations: fcagec, which of the options represents the reduction of the sequence to a...
Jefferson Office Furniture makes all sales on the installment basis but uses the sales method to record revenue. The company's income statements for the most recent three years follow:...
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 ($)...
1. (A nice inharitage) Suppose $1 were invested in 1776 at 3.3% interest compounded yearly a) Approximatelly how much would that investment be worth today: $1,000, $10,000, $100,000, or $1,000,000?...
Why Should not the government subsidize home buyers who make less than $120K per year. please explain this statement
Entries for equity investments: 20%50% ownership On January 6, 20Y8, Bulldog Co. purchased 25% of the outstanding common stock of $159,000. Gator Co. paid total dividends of $20,700 to all...

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