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A. Scarlet Company received an invoice for $60,000.00 that had payment terms of 1/5 n/30. If it made a partial payment of $16,900.00 during the
A. Scarlet Company received an invoice for $60,000.00 that had payment terms of 1/5 n/30. If it made a partial payment of $16,900.00 during the discount period, calculate the balance of the invoice.
B. computer assembly firm purchases computer parts at $250 per computer. The operating expenses are 22% on cost and rate of markup is 51% on cost.
a. What is the selling price of each computer? Round to the nearest cent
b. What is the operating profit per computer? Round to the nearest cent
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