An accounting software was sold at $780 per package after a trade discount rate of 10.5%. a.

Question:

An accounting software was sold at $780 per package after a trade discount rate of 10.5%.

a. What was the list price of the software?

b. What was the amount of discount?

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

See More Books

Question Posted: Sep 19, 2024 06:04 AM

See More Questions

Compare and contrast the progressive and positive discipline procedures.
One way to implement a queue is to use a circular linked list. In a circular linked list, the last node's next link links to the first node. Assume the list does not contain a header and that we can...
What is the angle between the vectors A and B if AB = -AB?
An accounting software was sold at $780 per package after a trade discount rate of 10.5%. a. What was the list price of the software? b. What was the amount of discount? AppendixLO1
The financial statements of Lioi Steel Fabricators are shown below both the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The...
Banes Co. incurs $350,000 of overhead costs each year in its three main departments, machining ($200,000), inspections ($100,000) and packing ($50,000). The machining department works 4,000 hours per...
A distributor of batteries received a complete payment of $8560.50 for ten automobile batteries that it sold to a wholesaler after a trade discount of 12%. a. What was the list price of each battery?...
A trade discount rate of 15% on a product resulted in a trade discount amount of $18,200. a. What was the list price of the product? b. What was the net price of the product? AppendixLO1
Assume that the initial previous forecast for the model using an alpha value of .2 is the past threeweek average. For the model using an alpha of .4 assume that the previous forecast is the past...
What is one method companies might use to keep internal stakeholders happy? O Reinforce the dynamic relationship O Offer lavish amenities Focus on acquisitions O Market on social media
Unit Cost Item ID Unit of Measure Quantity on Hand (GST exclusive) Total Cost AS330 Carton 300 60.00 18,000 KEL675 Carton 200 85.00 17,000 KEL685 Carton 150 95.00 14,250 MA121 Carton 500 45.00 22,500...
A four-wheel drive vehicle arrives at the dealership with a complaint of being stuck in low range. Which component listed is the most likely cause of the concern? Front driveshaft Rear driveshaft...
QUESTION 1 Greenfields Ltd manufactures three products, W, X and Y. Each product uses the same materials and the same type of direct labour, but in different quantities. The company currently uses a...
The Lonestar Corporation has compiled the following data. The company intends to use this information to develop standard costs per unit for its single product: = Direct materials $50 per ton Direct...
Repeat Problem 106 for a 3-kg block moving at 6 m/s to the right and a 6-kg block moving at 3 m/s to the left. Follow the procedures outlined in Problem 8-106. One obtains the following results. (a)...
Assume a simple Keynesian depression economy with a multiplier of 4 and an initial equilibrium income of $3,000. Saving and investment equal $400, and assume full employment income is $4,000. a. What...
Michael graduates from New York University and on February 1, 2017, accepts a position with a public accounting firm in Chicago. Michael is a resident of New York. In March, Michael travels to...
For each of the following independent situations, determine whether any of the expenditures qualify as deductible education expenses in connection with a trade or business (Reg. Sec. 1.162-5). Are...
Anne works for a CPA firm as a secretary/receptionist and earns approximately $27,000 per year. About five years earlier, she had completed 70 credit hours at State U. To increase her career...

An accounting software was sold at $780 per package after a trade discount rate of 10.5%. a.

Question:

Step by Step Answer:

Mathematics Of Business And Finance

Students also viewed these Business questions