PROBLEMS 1-30 "EVEN PROBLEMS ONLY"
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DRILL PROBLEMS Far wil problems, round your flawer to the new com. De und wet price equivalent des or single puivalent discentes Complete the following: 21:41 Net prie Single equivalent List Chain equivalent discount rate Trade Net Item price discount nale din decimal) (in decimal) discount prior 11-1. Appleild 5790 M 11-2. Pusson DVD player 5199 RU 11-3 TBM scanner 5269 7/3/1 Complete the following: w11-114 Item 11-4. Trotter treat List price 53.000 Trade discount Chain discount 944 Net price 11-5. Maytag dishwasher $450 8/3/6 116. Hewlett Packard scanner 5820 18/9 11-7. Land Rover would SI SO 12076 11-8. Which of the following companies. A or B, gives a higher discount? Use the single equivalent discount rale to make your Weel choice (comert your equivalent rate to the nearest hundralih perem) Company Company WIGVIS 106/16/5 305 Complete the following LUM Date goods Invoice are more 11-9. June 1s Last day of discount period Final day will de (end of credit period Terms 1/10, 1/30 11-10. Nov. 27 2/10 LOM June 11-IL May 15 11-12. April 10 VIO /30. ROX 910, 100, 160 11- Se 12 VIO EOM 11-14. Jan. 10 Fich. 3 (leap year) 4/10,n/1, ROG Complete the following by cakulating the cash discount and set amount paid whan Groe amount of invalice (freight charge already Freight Dale of Terms of Date of Cash induced charge invoice Invoke payment discount 11-15. 570 $100) 41 110, 4/15 Nount puld 11-16.00 None M/ VIO, 215,30 WI 11-17.00 None 1/10 BOM 123 11-18. 5500 5100 11129 170 EOM Complete the following 011-2123 Amount of love 11-19.5700 Invader date Actual partial payment made Dale of partial payment SIS Amount of payment to be credited Term 2/2016 Balance utstanding 6 11-20 4/10.10 75 4 306 WORD PROBLEMS (Round to Nearest Cant as Nooded 11-21. The list price of a sorphone 8 $299 A local Verinon dealer receives a trale discount of a kind the trade discount and the net price. LUMIX) 11-22. Amesel NASCAR race car lists for $79.99 with trade descent of 40%! What is the net price of the car LUIS) Xcel 11-23. Lucky you! You went to coupecabin.com and found a 20off coupon to your significant other's favorite store. And with the up, yoo went to the wore only to find a sore wide sale offering 10% off everything in the store. In addition, your credit card has a special offer that allows you to u ve 10 if you use your credit card for all purchases that day. Uning your credit card, what will you pay before tar for the S155 gift you found Use the single equivalent dhcount to calculate how much you save and then cakolate your final price. Lu 10 11-24. Levin Puminure buys a living room set with a $4.000 list price and a 5 trade discount Freight (FOB shipping point of SSO is not put of the list price. What is the delivered price including freight of the living room set asuming a cash discount of 2/10, VXO. ROGThe invoke had an April date. Levin received the goods on April 19 and paid the invoice on April 25 LUTII(12) 11-25. A manufacturer of skateboards offered a 5/2/1 chain discoom to many customers. Bob's Sporting Goods ordered 20 skateboards for a toul $625 list price. What was the wet price of the skateboards? What was the trade discount amount? LUI-104) 11-26. Home Depot want to buy a new line of Gentilizers Manufacturer A offers a 21/13 chain discount Manufacturer Boffers Xcel a 26/8 chain discount. Both manufacturers have the same list price. What manufacturer should Home Depot buy from! LU 11.(4) 11-27. Maplewood Supply received a 55,250 invoice dated 4/15/16. The $5,250 included $250 freight. Term were v10. 130, 6. (a) If Maplewood pays the invoice on April 27, what will it pay? (b) if Maplewood pays the invoice on May 21, what will it pay? LUI-21) 11-28. A local Sports Authority ordered 50 pairs of tennis shoes from Nike Corporation. The shoes were priced 585 for each eXcel pule with the following terme 210, 230,0). The invoice wat dated October 15, Sports Authority sent in a payment on October 26. What should have been the ama of the check? LUI121) 11-29. Macy of New York sold Le.Co. of Chicago office equipment with a 56.00 list price. Sale ter were V10, 1/30 FOB eXcel New York Mixy apreol to prepay the Streight Lecco pay the voice within the discount period. What does Lecco , 11-30. Royal Furniture bought a sota for ko. The sota luad a list price. What was the trade discount rate Royal received? Round to the res hundroth percent. L2 307 END OF CHAPTER PROBLEMS in connect.com DRILL PROBLEMS al meundwa warto the warm. Dette epuren dentes e simte www Net eyelven mah) Singe wat di intrate da deri prier 5700 Tre discount Net price 11- Apple iPad M 11-2 Panason IWD player 5199 w 11 IBM scanner 7/11 Complete the following: w11-14) Item 11-4. Trotter treadmill List price Chin dhe 914 Net price Trade dhcount $3.000 11-5. Maytag dishwasher 5450 WS/6 11-6. Hewlett-Packard scanner 3320 35/9 11-7. Land Rover roofrack SI,850 124946 11- Which of the following companies, A or B, gives a higher discount? Use the single puivalent dinocuntrate to muke your eXcel choice content your equivalent rate to the neared hundredth percent) Company A Company B VIV153 10/6/16/5 305 Complete the following LU 12 Date goods Invoke are reered 11-9. June 1 Last day of dhcount period Final day will be due (end of credit period Terms 1/10, 1/30 11-10 Nov 27 3/10 EOM he 11-11. May 15 11-12. April 10 v10./30, OG 7/10, 17,00 11-13. June 12 VIDEOM 11-14. Jun 10 Feb. 3 (leap year 410, 0./30, ROG w tuto do www.dando la discount Complete the following by calculating the cash discount and net amount paid U1-21) Gross amount of invoice freight charge already Freight Date of Terms of Date of included) charge invoice invoke payment 11-15.57.100 5100 418 2/10, 115 Cash discount Net amount pad 11-16.00 None 8/1 VIO, 15w30 313 11-17. 5200 None 11/13 1/10 EOM 11-18. S500 S100 11/29 1/10 BOM Complete the following: 11-22) Amount Lavoice date Actual partial payment made $400 Date of partial payment SIS Amount of payment to he credited Terms 2/10, 160 Balance outstanding 11-19. 5700 11-20, SCO 4/10,60 7/5 SKO M14 306 WORD PROBLEMS (Round to Nearest Contas Needed) 11-21. The list price of a smartphone is $299. A local Verizon dealer receives a trade discount of 20. Find the trade discount amount and the set price. UIT!) 11-22. A model NASCAR race car lists for $79.99 with a trade discount of 40's. What is the net price of the car w.) eXcel 11-21. Lucky you! You went to pain.com and found a 2014 off coupon to your significant other's facile store. Armed with that coupon, you went to the eve only to find a store wide sale offering off everything in the store. In addition, your credit card has a special offer that allows you to save 10$ if you use your credit card for all purchases that day. Using your credit card, what will you pay before tax for the S155 gift you found? Use the single equivalent discount to cakutule how much you save and then calculate your final price : 11-24. Levin Furniture buys a living room set with a $4.000 list price and a 535 trade discount Freight (FOB shipping point of $50 is not part of the list price. What is the delivered price (including freight of the living room set, assuming a cash discount of 2/10, 1/30, ROG? The invoice had an Aprili dute, Levin received the goods on April 19 and paid the invoice on April 25 LU 17.8.2) 11-25. A manufacturer of skateboards offered a 5/2/1 chain discount to many customers. Bob's Sporting Goods ordered 20 skateboards for a total $625 list price. What was the net price of the skateboards? What was the trade discount amoun? LUII-(4) 11-26 Home Depot wait to buy a new line of fenilen. Manufacturer offers a 21/13 chain discount Manufacturer Boffers eXcel a 26/8 chain discount. Both manufacturers have the same list price. What manufacturer should Home Depot buy from 11:16 11-27. Maplewood Supply received a 55.250 invoice dual 2015/06. The 55.250 included 5250 freight. Terms were 10,30 wto (alf Maplewood pays the invoice on April 27, what will it pay? (b) ff Maplewood pays the invece on May 21, what will it pay? LU IT2) 11-2% A local Sports Authority ordered Spaies of tennis shoes from Nice Corporation. The shoes were priced 585 for each eXcel par with the following term 1/10,230,160. The lavoice was dated October 15 Sports Authority seat in a payment on October 2, What should have been the amount of the check! Lu. II-29. Macy of New York Lecco of Chicago office equipment with 56.00 price Sale term wae VI, 30 FOB Xcel New York Mary apced to prepay the sto teht. LoCo pays the voice within the discount period What does Lecce pay Macy? 11.30) 11-0. Roy Furnitate bought a sofa for $800. The saladas1:00 price. What was the de discourse Royal received Rond to the core hundredth - DRILL PROBLEMS Far wil problems, round your flawer to the new com. De und wet price equivalent des or single puivalent discentes Complete the following: 21:41 Net prie Single equivalent List Chain equivalent discount rate Trade Net Item price discount nale din decimal) (in decimal) discount prior 11-1. Appleild 5790 M 11-2. Pusson DVD player 5199 RU 11-3 TBM scanner 5269 7/3/1 Complete the following: w11-114 Item 11-4. Trotter treat List price 53.000 Trade discount Chain discount 944 Net price 11-5. Maytag dishwasher $450 8/3/6 116. Hewlett Packard scanner 5820 18/9 11-7. Land Rover would SI SO 12076 11-8. Which of the following companies. A or B, gives a higher discount? Use the single equivalent discount rale to make your Weel choice (comert your equivalent rate to the nearest hundralih perem) Company Company WIGVIS 106/16/5 305 Complete the following LUM Date goods Invoice are more 11-9. June 1s Last day of discount period Final day will de (end of credit period Terms 1/10, 1/30 11-10. Nov. 27 2/10 LOM June 11-IL May 15 11-12. April 10 VIO /30. ROX 910, 100, 160 11- Se 12 VIO EOM 11-14. Jan. 10 Fich. 3 (leap year) 4/10,n/1, ROG Complete the following by cakulating the cash discount and set amount paid whan Groe amount of invalice (freight charge already Freight Dale of Terms of Date of Cash induced charge invoice Invoke payment discount 11-15. 570 $100) 41 110, 4/15 Nount puld 11-16.00 None M/ VIO, 215,30 WI 11-17.00 None 1/10 BOM 123 11-18. 5500 5100 11129 170 EOM Complete the following 011-2123 Amount of love 11-19.5700 Invader date Actual partial payment made Dale of partial payment SIS Amount of payment to be credited Term 2/2016 Balance utstanding 6 11-20 4/10.10 75 4 306 WORD PROBLEMS (Round to Nearest Cant as Nooded 11-21. The list price of a sorphone 8 $299 A local Verinon dealer receives a trale discount of a kind the trade discount and the net price. LUMIX) 11-22. Amesel NASCAR race car lists for $79.99 with trade descent of 40%! What is the net price of the car LUIS) Xcel 11-23. Lucky you! You went to coupecabin.com and found a 20off coupon to your significant other's favorite store. And with the up, yoo went to the wore only to find a sore wide sale offering 10% off everything in the store. In addition, your credit card has a special offer that allows you to u ve 10 if you use your credit card for all purchases that day. Uning your credit card, what will you pay before tar for the S155 gift you found Use the single equivalent dhcount to calculate how much you save and then cakolate your final price. Lu 10 11-24. Levin Puminure buys a living room set with a $4.000 list price and a 5 trade discount Freight (FOB shipping point of SSO is not put of the list price. What is the delivered price including freight of the living room set asuming a cash discount of 2/10, VXO. ROGThe invoke had an April date. Levin received the goods on April 19 and paid the invoice on April 25 LUTII(12) 11-25. A manufacturer of skateboards offered a 5/2/1 chain discoom to many customers. Bob's Sporting Goods ordered 20 skateboards for a toul $625 list price. What was the wet price of the skateboards? What was the trade discount amount? LUI-104) 11-26. Home Depot want to buy a new line of Gentilizers Manufacturer A offers a 21/13 chain discount Manufacturer Boffers Xcel a 26/8 chain discount. Both manufacturers have the same list price. What manufacturer should Home Depot buy from! LU 11.(4) 11-27. Maplewood Supply received a 55,250 invoice dated 4/15/16. The $5,250 included $250 freight. Term were v10. 130, 6. (a) If Maplewood pays the invoice on April 27, what will it pay? (b) if Maplewood pays the invoice on May 21, what will it pay? LUI-21) 11-28. A local Sports Authority ordered 50 pairs of tennis shoes from Nike Corporation. The shoes were priced 585 for each eXcel pule with the following terme 210, 230,0). The invoice wat dated October 15, Sports Authority sent in a payment on October 26. What should have been the ama of the check? LUI121) 11-29. Macy of New York sold Le.Co. of Chicago office equipment with a 56.00 list price. Sale ter were V10, 1/30 FOB eXcel New York Mixy apreol to prepay the Streight Lecco pay the voice within the discount period. What does Lecco , 11-30. Royal Furniture bought a sota for ko. The sota luad a list price. What was the trade discount rate Royal received? Round to the res hundroth percent. L2 307 END OF CHAPTER PROBLEMS in connect.com DRILL PROBLEMS al meundwa warto the warm. Dette epuren dentes e simte www Net eyelven mah) Singe wat di intrate da deri prier 5700 Tre discount Net price 11- Apple iPad M 11-2 Panason IWD player 5199 w 11 IBM scanner 7/11 Complete the following: w11-14) Item 11-4. Trotter treadmill List price Chin dhe 914 Net price Trade dhcount $3.000 11-5. Maytag dishwasher 5450 WS/6 11-6. Hewlett-Packard scanner 3320 35/9 11-7. Land Rover roofrack SI,850 124946 11- Which of the following companies, A or B, gives a higher discount? Use the single puivalent dinocuntrate to muke your eXcel choice content your equivalent rate to the neared hundredth percent) Company A Company B VIV153 10/6/16/5 305 Complete the following LU 12 Date goods Invoke are reered 11-9. June 1 Last day of dhcount period Final day will be due (end of credit period Terms 1/10, 1/30 11-10 Nov 27 3/10 EOM he 11-11. May 15 11-12. April 10 v10./30, OG 7/10, 17,00 11-13. June 12 VIDEOM 11-14. Jun 10 Feb. 3 (leap year 410, 0./30, ROG w tuto do www.dando la discount Complete the following by calculating the cash discount and net amount paid U1-21) Gross amount of invoice freight charge already Freight Date of Terms of Date of included) charge invoice invoke payment 11-15.57.100 5100 418 2/10, 115 Cash discount Net amount pad 11-16.00 None 8/1 VIO, 15w30 313 11-17. 5200 None 11/13 1/10 EOM 11-18. S500 S100 11/29 1/10 BOM Complete the following: 11-22) Amount Lavoice date Actual partial payment made $400 Date of partial payment SIS Amount of payment to he credited Terms 2/10, 160 Balance outstanding 11-19. 5700 11-20, SCO 4/10,60 7/5 SKO M14 306 WORD PROBLEMS (Round to Nearest Contas Needed) 11-21. The list price of a smartphone is $299. A local Verizon dealer receives a trade discount of 20. Find the trade discount amount and the set price. UIT!) 11-22. A model NASCAR race car lists for $79.99 with a trade discount of 40's. What is the net price of the car w.) eXcel 11-21. Lucky you! You went to pain.com and found a 2014 off coupon to your significant other's facile store. Armed with that coupon, you went to the eve only to find a store wide sale offering off everything in the store. In addition, your credit card has a special offer that allows you to save 10$ if you use your credit card for all purchases that day. Using your credit card, what will you pay before tax for the S155 gift you found? Use the single equivalent discount to cakutule how much you save and then calculate your final price : 11-24. Levin Furniture buys a living room set with a $4.000 list price and a 535 trade discount Freight (FOB shipping point of $50 is not part of the list price. What is the delivered price (including freight of the living room set, assuming a cash discount of 2/10, 1/30, ROG? The invoice had an Aprili dute, Levin received the goods on April 19 and paid the invoice on April 25 LU 17.8.2) 11-25. A manufacturer of skateboards offered a 5/2/1 chain discount to many customers. Bob's Sporting Goods ordered 20 skateboards for a total $625 list price. What was the net price of the skateboards? What was the trade discount amoun? LUII-(4) 11-26 Home Depot wait to buy a new line of fenilen. Manufacturer offers a 21/13 chain discount Manufacturer Boffers eXcel a 26/8 chain discount. Both manufacturers have the same list price. What manufacturer should Home Depot buy from 11:16 11-27. Maplewood Supply received a 55.250 invoice dual 2015/06. The 55.250 included 5250 freight. Terms were 10,30 wto (alf Maplewood pays the invoice on April 27, what will it pay? (b) ff Maplewood pays the invece on May 21, what will it pay? LU IT2) 11-2% A local Sports Authority ordered Spaies of tennis shoes from Nice Corporation. The shoes were priced 585 for each eXcel par with the following term 1/10,230,160. The lavoice was dated October 15 Sports Authority seat in a payment on October 2, What should have been the amount of the check! Lu. II-29. Macy of New York Lecco of Chicago office equipment with 56.00 price Sale term wae VI, 30 FOB Xcel New York Mary apced to prepay the sto teht. LoCo pays the voice within the discount period What does Lecce pay Macy? 11.30) 11-0. Roy Furnitate bought a sofa for $800. The saladas1:00 price. What was the de discourse Royal received Rond to the core hundredth
