Which of the following are important skills that contribute to financial literacy (21)

Question 2 Solve the problem. Round to the nearest cent. The list price of a keyboard is $597. If the series discount offered is 10/25/35, what is the net cost after trade discounts OA. $261.93 O B. $335.07 Oc. $179.10 OD. $417.90

A discount store purchased some special product at a list price of $1,400. If the broker gives a 10.25% trade discount, what is the amount of the trade discount? $143.50 $840.00     $1,256.50 $1,484.00

Use the complement method to find the net price of 48 glasses that cost $145 if the company offers a 40% trade discount rate? A. $45 B. $65 C. $78 D. $87

A retailer purchases merchandise with a catalog list price of $28,600. The retailer receives a 22% trade discount and has credit terms of 2/10, n/30. How much cash will be needed to pay this invoice within the discount period (Round your answer to the nearest dollar)? Oa. $22,308 Ob. $21,862 Oc. $22,880 Od. $28,600

A retailer purchases merchandise with a catalog list price of $28,100. The retailer receives a 16% trade discount and has credit terms of 2/10, n/30. How much cash will be needed to pay this invoice within the discount period? O a. $23,132 O b. $24,166 O c. $23,604 O d. $28,100

A retailer purchases merchandise with a catalog list price of $34,900. The retailer receives a 24% trade discount and has credit terms of 2/10, n/30. How much cash will be needed to pay this invoice within the discount period (Round your answer to the nearest dollar)?

Multiple choice

Easy Patterns Fabric buys merchandise with a list price of $5,500. Use the net price, complement method to find the net price if the wholesaler offers trade discounts of 25/10/5. (Round to the nearest penny.)   $1,051.88 $1,973.13     $3,526.88 $4,448.13

Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,941. The retailer receives a 30% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar. a.$10,459 b.$10,250 c.$19,214 d.$14,941

A retailer purchases merchandise with a catalog list price of P15,000. The retailer receives a 15% trade discount and credit terms of 2/10, n/30. How much cash will be needed to pay this invoice within the discount period?     12,495 12,750 15,000 14,700

Backyard World buys plastic pools from a supplier with an invoice amount of $15,500. The terms of the sale are 5/10, n/30. If the retailer sends a partial payment of $8,300 on the discount date, what is the net amount still due? $6,763.16 $6,840.00     $7,200.00 $8,736.84

A. Solve the following (round off 2 decimal places): 1. How much is the discount for an item with a list price of P13,500 subject to a 15% discount? What is the net price? 2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of trade discount and the net price. al dinning sets at the s 3. Two suppliers offer identical dinning sets at the same list price. However, Company A gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%, and 5%. Which is a better discount for the buyer? 4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold her notebook for P260. a. How much is the profit or loss? b. What is the profit/loss percent? VICI VE

PLEASE SHOW ALL WORK 14. Series discounts are a form of trade discount. (T or F) For Problems 15-19 assume that you purchase goods with a list price of $455 and a trade discount of 25%. The invoice is dated October 3 with terms of 3/15, n/45. 15. What is the net price after trade discount? 16 What is the last day you can take a cash discount? 17. What is the net amount due if you pay within the discount period? 18. If you do not pay within the discount period, what is the final date to pay the invoice? October 3 is day number 276; 19. If you do not pay within the discount period, what annual interest rate are you, in effect, paying the supplier? Express the rate with two decimal places

Find the trade discount on a computer that lists for $600 if a discount rate of 5% is offered. The trade discount is $31.58

24. Norfolk Sporting Goods purchases merchandise with a catalog list price of $12,600. The retailer receives a 40% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the merchandise inventory account (Round your answer to the nearest dollar)? a.$151 b.$7,560 c.$12,600 d.$7,409

Hello tutor please help me this question

A electronic store lists an article for $ 862 less 6.1 %, 14.8% and 11.2%. A competitor carries the same article for $ 870 less 6.7% and 9.3% and promises to price match. What is the net price of the electronic store? O a. $ 612.39 O b. $ 618.07 O c. $ 707.57 O d. $ 729.45 O e. $ 594.01

A manufacturer offers a 25/20 chain discount if the invoice subtotal is above $1,000. If the list price is $45 per item, what is the total price of the first invoice that activates the chain discount? B. $594.00 A. $569.25 D. $621.00 C. $648.00 03-2021 Acellus Corporation. All Rights Reserved.

What is the amount of the trade discount on goods ordered with a list price of $3,450 and a trade discount rate of  3 3 4 %  to the nearest cent? A. $86.25 B. $129.38     C. $862.50 D.$1,293.75

nur suIund ue I Imu u COlmll atIuI s priče for paints with a total list price of $434. Round to the nearest cent. 250. 85 3. An invoice, dated May 8, for $549.38 has terms of 3/15, 2/20, 1/30, n/45. If you make a payment on June 3, what amount should you pay? Round to the nearest cent. 4. The list price of Road Thunder Speakers is $120. If the manufacturer offers trade discounts of 30/10 and terms of 3/15, n/30, find the net cost of the speakers assuming all discounts are taken. Round to the nearest cent. 5. An invoice is received from Westminster Office Machines for $492.90 with terms of 6/15, dated March 1. (Assume partial payments are accepted and granted cash discounts if paid within the discount périod.) If a partial payment of $155 is made on March 13, find the balance due on the invoice. Round to the nearest cent. Omachin cost 2,990 discount 30 /12/5 -299