An invoice was received for $4850 dated July 18 with terms 4/10, n/30 R.O.G., for a shipment of goods that arrived on Aug.10. What is the last day for taking the cash discount:

An item with a list price of $315.46 is offered at a discount of 32.5%. What is the net price?

The Dance Academy sells dance tights for $10.79. Their cost is $4.28 and the operating expenses are 26% of the selling price. How much profit will they make on each sale?

The Bike Shop is selling last year's models for $244.30. They are regularly priced at $299.97. What is the rate of markdown?

The Dog Stop buys a certain type of dog food at a cost of $52. Operating expenses for the business are 25% of the cost and the owner requires a profit of 12% of cost. For how much should The Dog Stop sell this brand of dog food?

Answer rating: 100% (QA)

Last Day for Taking the Cash Discount The terms of the invoice state 410 n30 ROG which means a 4 discount is offered if the payment is made within 10 ... View the full answer