A ladies' suit selling for $145 is marked down 25% for a special promotion. It is later marked down 5% of the sale price. Since the suit still hasn't sold, it is marked down to a price that is 75% off the original selling price. What are the two sale prices of the suit? What is the final selling price of the suit? The first sale price is $. (Round to the nearest cent as needed.) The second sale price is $ (Round to the nearest cent as needed.) The final selling price is S (Round to the nearest cent as needed.)

A ladies' suit selling for $145 is marked down 25% for a special promotion. It is later marked down 5% of the sale price. Since the suit still hasn't sold, it is marked down to a price that is 75% off the original selling price. What are the two sale prices of the suit? What is the final selling price of the suit? The first sale price is $. (Round to the nearest cent as needed.) The second sale price is $ (Round to the nearest cent as needed.) The final selling price is S (Round to the nearest cent as needed.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Please help with questions, thanks much.
Dazzle Jewelers sells diamond necklaces for $416.00 less 6%. Starlight Jewelers offers the same necklace for $454.00 less 39%, 18%. What additional rate of discount must Dazzle offer to meet the competitor's price? The additional rate of discount that Dazzle Jewelers must offer to meet the competitor's price is %. ( Round to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
Runners has decided to purchase products with a list price of $708.60 and a trade discount of 10%. What is the amount of discount on the products? your answer(s) should be rounded to the nearest cent.
A sofa regular sells for $890. The sale price is $667.50. Find the percentage decrease of the sale price from the regular price
terry's tees has their new seasons' invventory coming in and they need to clear out thier old stock. There's not much left, but they want to at least cover their costs. The shirt's full price was 35%. Terry's tees has always offered free shipping so that $35.00 included the $15 shipping & handling fee. Generally, they sell at a gross margin of 75%. What sale price should they sell their tees at to cover their costs?
CH Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $150 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20% markup on selling price? (Round your answer to the nearest hundredth percent.) Rate of percent pok int ences b. Is this a wise marketing decision? O Yes No aw %3D w Aa MacBook Air
A company purchased 10,000 pairs of men's slacks for $19.36 per pair and marked them up $22.33. What was the selling price of each pair of slacks? Use the formula S=C + M The selling price of each pairs of slacks is $ Em
A company sells gift baskets for $145.00. The cost to their business for the item is $56.00 with expenses of 33% of the cost. During a clearance sale they sell the baskets at a reduced price of $89.00. Determine the profit or loss resulting from selling the baskets at this clearance price. Question 5 options: loss of $70.52 loss of $14.52 profit of $14.52 loss of $ 33.00
Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.8, while the data shows that the loss adjustment expenses is 566 and the total premium earning is 990. The company's current ratei s 77. Using the experience rating method what will the new primum be if the credibility factor is 0.6
swiftly company has an offer to purchase 120seeds for $120. 220seeds for $170 or 320seeds for 195. this offer includes a
Need help with these 3 Questions. A sweatshirt is being sold for 25% off its regular sale price of $117.88. a) The best ESTIMATE for sale price is (before taxes and after rounding the regular price and taking 25% off) -$60 -$120 -$90 -$100 ? A sweatshirt is being sold for 25% off its regular sale price of $117.88. b) The REAL after-tax cost of this item is? -$99.90-$ -69.8 -$109.99 -$121.88 ? Juice boxes are sold in the following options: pack of 6, for $0.99 pack of 12, for $1.79 pack of 24, for $3.99 a) Round the price of the 6-pack option and calculate the unit price. It is approximately -17 cents -19 cents -12 cents -13 cents
Park-n-Shop is promoting a deal. For a single purchase of $500, the customer can choose to get a $50 voucher for next purchase as long as the customer posts an advertisement on the Facebook. Under this deal, the customer needs to pay $520 for the current purchase (i.e., if the customer takes the deal, she or he pays $20 more). The fair value of Facebook advertisement is $20 for each post. Required: Prepare journal entries for Park-n-Shop when a customer purchased $500 goods and chose to take this deal. You don’t need to record the inventory-related journal entry