Question 5 [5 points] Cola Company received an invoice of $7,850 dated April 17 with terms...

 

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Question 5 [5 points] Cola Company received an invoice of $7,850 dated April 17 with terms 2/15, n/25 Cola Company paid $2,000 on April 24, and $1,000 on May 12. What balance is still owed after May 12? 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 $56.50 is 35%. 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 % Question 5 [5 points] Cola Company received an invoice of $7,850 dated April 17 with terms 2/15, n/25 Cola Company paid $2,000 on April 24, and $1,000 on May 12. What balance is still owed after May 12? 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 $56.50 is 35%. 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 %