Use the following information to answer Questions 8 - 10 Krueger's Bike Shop receives the following trade discounts: 35/25/15. The manufacturers price list indicates that 35 percent off list price is for purchasing bikes in quantities of 100 or more, 25 percent off list price is for assembling the bikes for customers, and 15 percent is for sales promotion and local advertising. If the manufacturer s list price is $600, what should Krueger pay for each bike if he orders 110 bikes at a time, assembles the bikes, and displays and advertised them? a. $194 76 O b. $248 63 OC $173 41 O d. 5220.95 Krueger's Bike Shop receives the following trade discounts: 35/25/15. The manufacturer s price list indicates that 35 percent off list price is for purchasing bikes in quantities of 100 or more, 25 percent off list price is for assembling the bikes for customers, and 15 percent is for sales promotion and local advertising. The manufacturers list price is $600. If Krueger fulfills all conditions required by the manufacturer, his single equivalent discount will be O a. 46.45% O b.41.44% O c. 53.55% d.58.56% Krueger's Bike Shop receives the following trade discounts: 35/25/15. The manufacturers price list indicates that 35 percent off list price is for purchasing bikes in quantities of 100 or more, 25 percent off list price is for assembling the bikes for customers, and 15 percent is for sales promotion and local advertising. The manufacturers list price is $600 Krueger is given a credit term of 4/15,45 If he has a cash flow problem and waits until day 45 to pay the manufacturer, what is his effective cost of financing for the year? O a. 50 6996 O b. $4437% $101 39% O d.$37 259