Which of the following are important skills that contribute to financial literacy (24)

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What is total price of the first invoice that activates the chain discount?

what is the selling price to the consumer account

A buyer for a retail store negotiates discounts of 30%, 15%, and 5% (taken successively) on a certain mattress. If the mattress has in initial price of $904, what price will the buyer actually pay after the discounts are applied? (Round to the nearest cent.)

1. Miracle Appliance is a wholesaler of kitchen appliances. You are the purchaser for a home store retailer. Miracle Appliance offers the KIT532 model refrigerator at a list price of $657. Miracle offers your company a trade discount of 25 percent. a. What is the amount of the discount for this refrigerator? b. What net price will you pay for this model refrigerator?

What is the selling price to the consumer?? General accounting

1. You buy goods with a list price of $800. You return goods that are defective, having a list price of $50. You are entitled to a trade discount of 20%. The seller paid $20 in freight on your behalf and added the amount to the invoice. You are offered a 4% cash discount if you pay the invoice within 15 days. What is the net amount you should pay the supplier if you make payment within the discount period?

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You place and order for 100 units of inventory at a unit price of  P 50.00. The supplier offers terms of 3/30, net 90. How long do you have to pay before the account is overdue? If you take the full period, how much should you remit? How much is the discount offered? How quickly must you pay to get the discount? If you take the discount, how much should you remit? If you don’t take the discount, how much interests are you paying implicitly? How many days’ credit are you receiving?

I need help with this solution and general accounting question

Sharma Kennels buys some items with a list price of $4,100. The supplier extends a 40% trade discount rate. What is the net price (in $)?

Suppose you are the buyer for the housewares department of a department store. A number of vendors in your area carry similar lines of merchandise. On sets of microwavable serving bowls, Brand A offers a list price of $400 per dozen less a 35% trade discount. Brand B offers a similar set for a list price of $425 less a 42% trade discount. (a) Which vendor is offering the lower net price? Brand A Brand B       (b) If you order 500 dozen sets of the bowls, how much money (in $) will be saved by using the lower-priced vendor?

What is the average collection period?

Crazy Cliff’s Computers (CCC) purchases computer parts from its suppliers 2/5, net 30.  What is the effective annual cost of not taking the trade discount?       Select one: a. 2.00% b. 2.04% c. 27.43% d. 34.31% e. None of the above.

Problem related to Accounting

Sam's SnowBoards.com offers 6/5/2 chain discounts to many of its customers. The Ski Hut ordered 20 snow boards with a total list price of $6,600. a. What is the net price of the snow boards? Note: Do not round intermediate calculations. Round your final answer to the nearest cent. Net price b. What was the trade discount amount? Note: Do not round intermediate calculations. Round your final answer to the nearest cent. Trade discount amount

A store has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states you receive an additional 10 % off any sale price.  If you plan to purchase an item that sells for $23, what will your total discount be (a) in dollar amount and (b) in percent?

A manufacturer sells a product for $35 to a wholesaler, and the wholesaler sells it to a retailer. The wholesaler's normal markup (based on selling price) is 20%. The retailer prices the item to consumers to include a 30% markup (also based on selling price). What is the selling price to the consumer? Note: saubject Account

Green Thumb Nursery sells spreading junipers to the gardening departments of local grocery and building supply stores. The net price per tree is $27.06 after a trade discount of $22.14.What rate of trade discount is the nursery giving to retailers? (Round your answer to one decimal place.)Discount rate  = %