Question: Ly Week 12: Unity Quiz - Lynx Learning Inc . Google Chrome lilallyry.com/quiz-servlets/QuizServlet?ccid=4021 Question 5 [5 points] Biotech Company received an invoice of $8,265 dated

 Ly Week 12: Unity Quiz - Lynx Learning Inc . Google

Ly Week 12: Unity Quiz - Lynx Learning Inc . Google Chrome lilallyry.com/quiz-servlets/QuizServlet?ccid=4021 Question 5 [5 points] Biotech Company received an invoice of $8,265 dated June 6 with terms 2/10, n/15, Biotech Company paid $2.500 on June 12, and $2,000 on June 19 What balance is still owed after June 19? Click here for help computing the number of days between two dates. For full marks your answer(s) should be rounded to the nearest cent Balance owed = $ 0.00 Question 6 [6 points] The rate of markup on cost on a product selling at $45.15 is 45% a) What was the cost of the product to the retailer? For full marks your answer(s) should be rounded to the nearest cent Cost = $ 0.00 b) What is the rate of markup on selling price? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56% Rate of markup on selling price = 0.00 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!