Question
can you please answer all below questions and provide me solution question1 Lions Furniture received an invoice in the amount of $8,818.94 dated September 16,
can you please answer all below questions and provide me solution
question1 Lions Furniture received an invoice in the amount of $8,818.94 dated September 16, 2021 with terms 5/10, 2/20, n/60. If the invoice is to be paid in full on September 27, how much will the payment be?
Question 4 An electronics store paid $5,095.69 for a supply of goods from an electronics wholesaler. The wholesaler offered a discount series of 12% and 8%. What was the original list price of the goods?
Question4
An invoice for $7,159.25, dated February 15, 2021, with terms 3/10, n/30 was received. The retailer decides to send a cheque on February 23 for $4,395. What is the amount credited?
Question 6
An invoice dated November 25 for $2600 had the terms 3/15, 1.5/30, n/45 E.O.M. What is the last day for taking the 1.5% discount?
A. | December 30 | |
B. | December 10 | |
C. | December 25 | |
D. | December 15 |
Question 7
An item that had a list price of $895 was subject to trade discounts of 12%, 11% and 9%. What is the single equivalent discount rate (SEDR) that is equal to the discount series? Do not include the percent symbol and round your answer to 2 decimal places.
Question 8
Determine the net price if an oven has a list price of $1,594 and the distributor is offering discounts of 11%, 8% and 6%.
Question 9
An invoice dated November 25, 2021 for $1,040 had the terms 3/15, 1.5/30, n/45 EOM. What amount must be paid on December 12, 2021 to pay the total invoice?
Question 10
A restaurant buys 146 dish towels from a supplier for a list price of $1.62 each. The supplier is offering discounts of 9% and 4%. What is the net price of the total order of dish towels?
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