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Sellane Appliances received an invoice dated October 11 with terms 4/10 E.O.M. for the items listed below. 4 refrigerators at $1040 each less 20%
Sellane Appliances received an invoice dated October 11 with terms 4/10 E.O.M. for the items listed below. 4 refrigerators at $1040 each less 20% and 4% 1 3 dishwashers at $676 each less 16%, 12.4%, and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment is made such that a balance of $1600 remains outstanding on the invoic (a) The last day for taking the cash discount is November (Type a whole number.) (b) The amount due is $ (Round to the nearest cent as needed.) (c) The cash discount is $ (Round to the nearest cent as needed.) The operating was! (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A department store paid $38 37 for a dinner plate set. Overhead expense is 25% of the regular selling price and profit is 22% of the regular selling price. During a clearance sale, the set was sold a markdown of 43% What was the operating profit or loss on the sale?
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