Question
The net price of an item after trade discounts of 40.00%, 15.00%, and 4.00% is $3,260.00. a. Calculate the regular selling price of the goods.
The net price of an item after trade discounts of 40.00%, 15.00%, and 4.00% is $3,260.00.
a. Calculate the regular selling price of the goods.
b. Calculate the equivalent discount rate of the series of discount rates.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
