Question
2. Imagine you work as a sales associate in the electronics section of a department store and a customer has just walked in looking for
2. Imagine you work as a sales associate in the electronics section of a department store and a customer has just walked in looking for a new television. After showing him a few different models and some accessories, you give the customer the price list below to review. You inform the customer that you offer an installment plan: balances paid in full within three months are given a 5% discount and balances paid after six months will accrue an interest of 3% each month from then on. Discount or interest is applied before taxes. There is also a state sales tax of 6% applied to all orders. In addition, there is a nontaxable shipping and handling fee for each item purchased: $5.00 fee on items priced less than $100.00 and $20.00 fee on items priced more than $100.00.
You fill out the purchase order for the customer, indicating he's decided to order one 48" television, one universal remote control, and two 8' HDMI cables. He has also decided upon a three-month installment plan to pay off the balance. a) Based on this information, create an invoice. The invoice should include the discount or fee associated with the chosen payment plan, the state sales tax, and any shipping and handling fees. Quantities should be calculated correctly for multiple pieces. The subtotal and total should also be listed properly. (4 points)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started