6. The Woodmark Card Shop has a preinventory clearance sale on all cards. Cards that sell for 99¢ or more are marked down 20%. Cards marked less than 99¢ are marked down 10¢. What is the total sale price for four greeting cards that regularly sell for $1.15, $1.40, $.88, and $.79?

6. The Woodmark Card Shop has a preinventory clearance sale on all cards. Cards that sell for 99¢ or more are marked down 20%. Cards marked less than 99¢ are marked down 10¢. What is the total sale price for four greeting cards that regularly sell for $1.15, $1.40, $.88, and $.79?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

6. The Woodmark Card Shop has a preinventory clearance sale on all cards. Cards
that sell for 99¢ or more are marked down 20%. Cards marked less than 99¢ are
marked down 10¢. What is the total sale price for four greeting cards that regularly
sell for $1.15, $1.40, $.88, and $.79?
7. Wicker Book Store haS paperback books marked down 20%. What is the sale
price of three books that regularly sellfor $4.95, $3.55, and $2.85?

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