A computer had an original list price of $500.00. Multiple discounts of 30%, 20% and 7 2/3

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

Question:

A computer had an original list price of $500.00. Multiple discounts of 30%, 20% and 7 2/3 % were given.

Determine:

(a) What was the net price?

(b) What was the amount of discount?

Related Book For answer-question

International Accounting

ISBN: 978-0077862206

4th edition

Authors: Timothy Doupnik, Hector Perera

See More Books

Posted Date: Apr 14, 2020 06:49 AM

See More Questions

What was the net impact on Jensen Companys 2012 income as a result of this fair value hedge of a firm commitment? a. $0. b. $1,319.70 decrease in income. c. $77,980.30 increase in income. d....
What was the net impact on Keefer Company's Year 1 income as a result of this fair value hedge of a firm commitment? a. $0. b. An $860.60 decrease in income. c. An $1,100.00 increase in income. d. A...
What was the net increase or decrease in cash flow from having purchased the foreign currency option to hedge this exposure to foreign exchange risk? a. $0. b. A $1,000 increase in cash flow. c. A...
Fletcher, Inc. disposes of under- or over-applied overhead at year-end as an adjustment to cost of goods sold. Prior to disposal, the firm reported cost of goods sold of $619,000 in a year when...
Given that F(0) = 2 and F'(0) = - 1, find G'(0) where G(x) = x / 1 + see F(2x).
If you assume that a relation has no duplicate data, how do you know there is always at least one primary key?
I spent time with you. It seems that this deed is out of character for you. You were not awarded your normal annual bonus. I would probably feel the same. Is that what happened? You normally wouldnt...
Damon Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Damon Manufacturing's operations: Current Assets as of December 31 (prior...
8) You own San Antonio's top rated food truck that sells the best carne asada tacos (good A) but the burger food truck (good B) next door just started a promotional sale: The burger truck...
Lily Zhang started a new business on January 1, 2017, called Zhang Consulting. She develops financial investment plans for young adults. During the businesss first year of operations, the following...
The market value of the bond portfolio of a French investment fund is 75 million. The duration of the portfolio is 8.17. Based on the analysis provided by the in-house economists, the portfolio...
Write a program that extracts from a text all dates written in format DD.MM.YYYY and prints them on the console in the standard format for Canada. Sample text: I was born at 14.06.1980. My sister was...
) Write computer program for designing of laterally supported beam as per 10 IS: 800. The program should be useful to handle the following load types: (i) Point load (ii) Uniformly varying load (iii)...
You are evaluating a business opportunity for your company that is anticipated to generate the following cash flows: Cash flow Year (millions) -$15 1 $4 2 $3 3 $13 If the required return for this...
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par...
Design a Production line product counter by using (Timer0 Interrupt in PIC16F877A) to count 15,000 pieces and then stop line production. Show the counter value on PORTB and PORTD. Note: (Connect a...
What is the amount you can withdraw at the end of 20 years if you make $1,500 monthly deposit at a nominal annual rate of 6% compounded monthly? What is the amount of 5 equal annual deposits that can...
Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...
What is a contingent liability? What is the financial reporting treatment for contingent liabilities ?
How are internally generated intangibles handled under IFRS? How does this differ from U.S. GAAP?
What are the main benefits of international harmonization of auditing standards?
Define terrorism.
Congress has prohibited the provision of material support or resources to certain foreign organizations that engage in terrorist activity. 18 U.S.C. 2339B(a)(1) . . . The plaintiffs in this...
Following a six-day trial in March 2008, a jury convicted Defendant Hassan Abu-Jihaad on two charges: (1) disclosing national defense information to those not entitled to receive it in violation of...

A computer had an original list price of $500.00. Multiple discounts of 30%, 20% and 7 2/3

Question:

Expert Answer:

a Net Price 25853 b Amount of discount 24147 c Single equivalent ra... View the full answer

International Accounting

Students also viewed these accounting questions