A boutique buys some merchandise with a list price of $3,800. If the wholesaler extends a 30% trade discount rate, find the trade discount (in $).

Q: A photographer buys some merchandise with a list price of $9,000. If the supplier offers trade…

A: Trade discount is given at the time of sale while cash discount given at the time of end payment.…

Q: Easy Patterns Fabric buys merchandise with a list price of $5,500. Use the net price, complement…

A: Trade discount is considered as a reduction in the price of goods because of company policy. It is…

Q: the amount recorded as a sale , and the actual amount collected when paid within the discount…

A: Trade discount is the discount which is received by the buyer of the goods on the purchase of goods…

Q: Use purchase price (in $) for the item. (Round your answers to the nearest cent.) o determine the…

A: Answer

Q: e discount rates of plement method.

A: Introduction: Net price factor is a method of business promotion that is used by companies in order…

Q: Complete the following table: (Do not round intermediate calculations. Round your final answers to…

A: Chain discounts now and again alluded to as arrangement limits, or various limits are a progression…

Q: What is the trade discount amount? what is the net price of the iPad?

A: List price = $300 Trade discount in % = 5% Trade discount in amount = List price * Trade discount in…

Q: JIH took delivery of merchandise invoiced at $24,600.00 with terms cash 6, 2/40, n/60. Calculate the…

A: The interest is calculated based on certain terms and conditions. The payment is depends on time…

Q: Ami Retailers purchased merchandise with a list price of ₱100,000, subject to a trade discount of 20…

A: Gross Method : Which means gross amount of a product shall be taken without any cash discount ,…

Q: You place an order for 470 units of inventory at a unit price of $175. The supplier offers terms of…

A: According to bartleby guidelines , if question involves multiple sub parts , then 1st sub 3 parts…

Q: you purchase goods with a list price of $455 and a trade discount of 25%. The invoice is dated…

A: List Price = $455 Trade Discount = 25% Invoice Date= October 3 Credit Terms = 3/15, n/45

Q: A discount clothing store buys shirts and slacks with a list price of $14,750. If the wholesaler…

A: Single equivalent discount = 1 - [(1 - first discount) x (1 - second discount) x (1 - third…

Q: A tire store advertises all tires at a 25% discount. Find the original price of a tire with a sales…

A: Discounts are generally offered and given to buyers in order to promote sales. It can be cash…

Q: Complete the following table: (Do not round intermediate calculations. Round your final answers to…

A: Net price is the actual price paid by a customer for the purchase of a product or service. Trade…

Q: Merchandise with a list price of $4,200 and costing $2,300 is sold on account, subject to the…

A: Solution: a) & b) Date Particulars Debit Credit   Account Receivable A/c 4,200       To…

Q: Easy Patterns Fabric buys merchandise with a list price of $9,500. Use the net price, complement…

A: The complement of your trade- discount rate is 100 percent minus the discount rate. This is…

Q: A retailer purchases some merchandise with an invoice price of $19,900 and terms of sale of 5/15,…

A: Discount on sales value: When the customer pays the amount within discount period then customer is…

Q: Terms of SaleE5B. A household appliance dealer buys refrigerators from a manufacturer and…

A: Trade discount:   Seller of a product or service offers a reduction in the listed price of the…

Q: A merchant buys a sweatshirt for $15 and has a dollar markup of $14.95. what is the retail price? O…

A: The price at which an entity sells its goods is referred to as the retail price. It is the price…

Q: Suppose a certain appliance store purchases the following items. Calculate the extended total after…

A: Trade discount is the discount given to customers on list price. This discount will not be recorded…

Q: ore has a sale with 10 % off every item.  When you enter the store, you receive a coupon that states…

A: Companies provide different amount of discounts to the customers and these are given to increase and…

Q: Suppose a certain appliance store purchases the following items. Calculate the extended total after…

A: An invoice is a document given to the buyer by the seller to collect payment. It includes the cost…

Q: A discount store buys a piece of luggage whose list price is $80. They receive a 40% trade discount.…

A: Net cost is gross cost of a product reduced by any gain received from owing the product. The…

Q: A household appliance dealer buys refrigerators from a manufacturer and resells them to its…

A: Introduction: Cash discount: When the purchaser paid the due amount with in due period then eligible…

Q: Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,684. The retailer…

A: Cost of Inventory Purchased = List Price - Trade Discount - Cash Discount

Q: A craft shop buys stuffed animals with a list price of $6,000. If the wholesaler offers trade…

A: wholesale offer discounts to increase the sales.

Q: Complete the following table: Note: Do not round intermediate calculations. Round your final…

A: Net Price :— It is the purchase price less purchase return less purchase discount.    Trade Discount…

Q: What is the net price and trade discount for the following items?   Trotter Treadmill List…

A: As per the Honor code of Bartleby we are bound to give the answer of first three sub part only,…

Q: You buy goods at a list price of $1,500.  If you receive a trade discount of 20% and terms are…

A: Discount period is defined as the days provided by the seller to the buyer of goods to avail the…

Q: A company purchases merchandise for $23,000. The seller also offers credit terms of 2/10, n/30.…

A: Cost of purchase = 23000 Credit Terms = 2/10, n/30

Q: Suppose a certain appliance store purchases the following items. Calculate the extended total after…

A: A trade discount also known as a functional discount or a wholesale discount, is a reduction in the…

Q: A wholesaler gives trade discounts 30%, 11% and 3% to his regular customers. a) Find the single…

A: Trade discount is that discount which is given to all the customers on the list price of the…

Q: 2) Kitchen cabinet knobs in the Designer Hardware catalog list for $3.00. The net price to the…

A: In the given question we are required to calculate the trade discount rate from the following…