Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Find the net cost (invoice amount) for the following. Round to the nearest cent. 1. List price: $1436.92 less 12/12/20 1. 2. List price:
Find the net cost (invoice amount) for the following. Round to the nearest cent. 1. List price: $1436.92 less 12/12/20 1. 2. List price: $875 less 10/15 Find (a) the net cost equivalent and (b) the single discount equivalent for the following series discounts. 3. 25/15 3. (a). (b) 4. 15/10/12 4. (a) (b) Find the final discount date for the following. Date Goods Invoice Date Terms Received 5. March 15 2/17 prox. March 23 5. 6. January 20 3/10 ROG February 17 6. 7. October 26 3/10 EOM November 10 7. 8. September 152/15-20 extra September 24 8. 9. (a) 9. The following invoice was paid on September 2. Find (a) the invoice total, (b) the amount that should be paid after the cash discount, and (c) the total amount due, including shipping and insurance. (b) (c) GOURMET KITCHEN WHOLESALER Terms: 3/10, 2/20, n/30 August 24 Quantity Unit Price Description Electric mixers 5 @34.95 ca. @21.80 ca. 5 Mixing bowl sets 10 Canister sets @34.70 ca. 25 Rolling pins @ 12.90 ca. (a) Invoice Total Cash Discount (b) Due after Cash Discount Shipping and Insurance (c) Total Amount Due Extension Total $46.20
Step by Step Solution
★★★★★
3.53 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Find the net cost for the following 1 List price 143692 less 1212...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