Qty.	Item #	Description	Unit Price	Discount %	Line Total
319	Model A	Business class router	103.02	2%	a.
164	Model B	Executive business class router	158.74	18%,8%, 2%	b.
				Subtotal	c.
				Ontario Sales tax amt.	d.
				Total	e.

1. What is the Line total for the Model A routers after the discount? Enter your answer to the nearest cent and with appropriate units. 2. What is the Line total for the Model B routers after the discount? Enter your answer to the nearest cent and with appropriate units.

3. What is the subtotal?Enter your answer to the nearest cent and with appropriate units.

4. What is the amount added for Ontario Sales tax?

5. What is the final total amount?Enter your answer to the nearest cent and with appropriate units.

6. What is the single equivalent rate of discount for Model B? Your answer should be in the format xx.xx%, so to two decimal places.

7. This invoice was originally dated April 30, 2020. It has payment terms of 5/10, 2/30 and n/60. The company purchasing the routers has agreed to make a cash payment of $10720 on May 1. What is the credited amount to the account?

 

8. Using your solution for the total amount of the invoice along with the credited amount for the cash payment made, what is the outstanding balance owing, if any? After you calculations please also provide the last date for which each of the discounts would apply.

 

Answer rating: 100% (QA)

SOLUTION Here are the answers to each of the questions 1 The Line total for the Model A routers afte... View the full answer