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As the case states, Allegiant Global Services covers the cost of all shipping charges. If the terms included FOB for scraps Allegiant purchased from SIA,
As the case states, Allegiant Global Services covers the cost of all shipping charges. If the terms included FOB for scraps Allegiant purchased from SIA, what would the terms specify? Suppose SIA sells each 350-400 lb bale of cardboard to Allegiant for $ 150. Further assume that SIA has 400 such bales to sell and offers a trade discount of 20% to Allegiant. What would the total trade discount be? What would the net price be? Round answers to the nearest dollar. If SIA offered a chain discount of 20/15/10 instead of the single discount, what would the net price equivalent rate be? Express your answer as a decimal and do not round. Suppose an invoice to Allegiant in the amount of $2, 500 dated May 11 had the terms 2/10, 1/30, n/60. If the invoice were paid on June I, how much would Allegiant owe SIA? Round your answer to the nearest dollar. If Allegiant were to pay $25,000 for recycled steel and SIA offered a 15% trade discount, what would the list price be? Round your answer to the nearest cent. Imagine an invoice to Allegiant in the amount of $15, 250, dated September 8, that had the terms 2/10 EOM. If the invoice were paid on October 11, how much would Allegiant owe SIA? Round your answer to the nearest dollar
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