37)

a.

An invoice for $2100.00 with terms of 4/10-30X ROG is received by a housewares store. The invoice is dated October 16 and goods are received on October 21. What is the last date for which the discount can be applied?

	a.	October 31
	b.	October 21
	c.	November 15
	d.	December 15
	e.	December 31
	f.	None of the above.

b.

A merchant for a sporting goods store purchased the following items:

• 17 dozen Astros baseball hats a cost of $4.00 each
• 20 dozen Astros baseball t-shirts at a cost of $8.50 each
• 18 dozen Astros baseball shorts at a cost of $5.75 each

The merchant also received a 5% seasonal discount on the order. The store plans a spring promotion at which all of these Astros items will be sold at the price of $19.99. What is the cumulative markup percentage on this order?

	a.	75.19206421%
	b.	73.99206421%
	c.	68.69206421%
	d.	70.49206421%
	e.	72.59206421%
	f.	None of the above.

c.

For a summer catalog, a buyer makes a special purchase of beach towels that cost:

If the towels all retail at the same unit price of $24.00 each, what markup percentage will be achieved?

• 42 dozen at $96.00 per dozen 36 dozen at $108.00 per dozen
• 26 dozen at $108.00 per dozen 25 dozen at $108.00 per dozen

	a.	65.85658915%
	b.	66.85658915%
	c.	63.85658915%
	d.	61.85658915%
	e.	62.85658915%
	f.	None of the above.