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Question 1 (1 point) A luggage buyer purchased 55 laptop bags that cost $45 each. The cash discount earned was 1.5%, and the store paid

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Question 1 (1 point) A luggage buyer purchased 55 laptop bags that cost $45 each. The cash discount earned was 1.5%, and the store paid inward freight of $105.Find the total cost of the goods on this order. Your Answer: Answer units Question 2 (1 point) The swimwear department of The X Department Store had the following records: Net Sales = $148,000 Cost of merchandise = $132,500 Operating expenses - $16.250 What is the net profit or loss percentage? nswer

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