Students must show their work on paper for each question

asked in the case.

Nancy, a$........$ College graduate from the business

fundamental program, joined as a Store Coordinator at the

Kitchener Sports Equipment $($referred as KSE$)$ store in Kitchener.

while studying, she enjoyed the Merchandising chapter of Business

Mathematics, where she learned how goods move through the

merchandising cycle from a manufacturer to a consumer.

As a store coordinator, she purchased $1500$ ski helmets listed for

$$75$ each, less $10\%,5\%,$ and $4\%$ from leading wholesaler Alpine

Sports Inc., Montreal. Alpine Inc. sent an invoice dated June $10,$

$2023,$ with terms $2/15,$ n$/45.$

Following additional details are provided for KSE.

The store's markup rate was $80\%$ on the selling price, and

operating expenses were $15\%$ on the selling price.

The store sold $500$ helmets at the regular selling price. During a

sale, it offered a markdown of $30\%$ and sold another $350.$ It sold

another $300$ helmets at the breakeven price and the remaining at

cost$.$Answer the following questions by rounding to two decimal places,

wherever applicable.

What was the cost per helmet to the store?

What was the net $($total$)$ discount amount received on

purchasing the helmets from the manufacturer?

trade discount rates?

What was the regular selling price per helmet at which $500$

helmets were sold?

What was the sale price per helmet at which $350$ helmets were

sold?

What was the break$-$even price per helmet at which $300$

helmets were sold?

What was the markdown rate from the regular selling price

that would price the helmet to sell at break$-$even?

What was the markdown rate from the regular selling price

that would price the helmet to sell at cost$?$

What was the total profit or loss from selling the $100$

$1500$

helmets?

KSE made a payment of $$30,000$ to Alpine on ${24}^{th}$ June. What

payment should KSE make on $9$th July for the full settlement of the

$(1\mathrm{.}25)$

invoice?