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Suppose SIA sells each 350400 lb bale of cardboard to Allegiant for $150. Further assume that SIA has 400 such bales to sell and offers
Suppose SIA sells each 350400 lb bale of cardboard to Allegiant for $150. Further assume that SIA has 400 such bales to sell and offers a trade discount of 20% to Allegiant. What would the total trade discount be? Round answers to the nearest dollar. a. 15,000 b. 14,000 c. 12,000 d. 16,000
If SIA offered a chain discount of 20/15/10 instead of the single discount, what would the net price equivalent rate be? Express your answer as a decimal and do not round. a. .03 b. .495 c. .612 d. .506 e. .178
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