Best Electronics offers trade discounts of 30%, 20%, and 10% in sequence. If the list price of an item is $1,000, ___ is the final price after all discounts. Give me Answer
Q: Provide correct answer general Accounting question
A: Step 1: Define Profitability Index (PI)The Profitability Index (PI) is a financial metric that…
Q: The variable overhead efficiency variance for September is:
A: To calculate the variable overhead efficiency variance, we use the following formula: Variable…
Q: I want to this question answer general Accounting question
A: Step 1: Define Gross Profit MarginThe gross profit is the company's trading profit that represents…
Q: Sub. GENERAL ACCOUNT
A: Here's how we calculate each item step by step: Given:Sales Revenue = $510,000Sales Returns and…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Gross Profit and Net Income from OperationsGross Profit: Gross profit…
Q: None
A: 1. Calculate Expected Overhead:Expected Overhead = Actual Machine Hours * Standard Rate per…
Q: Free valley inc.solve this question financial accounting
A: Step 1: Define Cost of Internal Equity The Cost of Internal Equity is the return required by…
Q: Can you please give me correct solution for this general accounting question?
A: a. Incremental income before taxes = Sales - Production and selling costs - Collection costs -…
Q: Do fast answer of this accounting questions
A: To calculate the net income for the year, we can use the following formula related to retained…
Q: Sub : accounting 2
A: Debt covenants, contractual agreements tied to a company's loans, play a pivotal role in maintaining…
Q: Parma Company had $53,000 in sales during 2025. During the year, Parma purchased $14,000 in…
A: Compute the cost of goods sold first. Cost of goods sold = Beginning inventory + Purchases - Ending…
Q: General accounting question
A: Step 1: Definition of Gross Margin RatioThe Gross Margin Ratio measures the percentage of net sales…
Q: Answer? ? Financial accounting question
A: Step 1: Analysis of information givenRate of preferred dividend = 11%Par value = $75Selling price of…
Q: General accounting
A: The question requires the determination of the effective interest rate. The Effective Interest Rate…
Q: Get correct answer general accounting question
A: Step 1: Recall the formula for gross profit.gross profit = net sales - cost of goods soldStep 2:…
Q: none
A: To find the credit sales for April, we use the formula:Closing Accounts Receivable=Opening Accounts…
Q: Want answer
A: Explanation of Owner's Equity:Owner's Equity represents the owner's financial interest in a…
Q: Financial Account subject
A: Step 1: Calculation of Actual Rate per MHStep 2: Calculation of Variable overhead rate…
Q: I need this question answer general Accounting
A: Step 1: Identify the given valuesStep 2: Use the Rate of Return FormulaStep 3: Substitute the given…
Q: In a service concession arrangement, the operator recognizes? Correct option a) The infrastructure…
A: Concept of Service Concession Arrangement:A service concession arrangement involves a public sector…
Q: What is the net income for this general accounting question?
A: Step 1: Define Corrected Net IncomeCorrected net income is the adjusted net income after…
Q: Financial Accounting Question please answer
A: Step 1: Define Incremental and Differential CostsIncremental costs are the additional costs incurred…
Q: How much are total assets?
A: Concept of Total Assets: Total assets represent all the resources owned by a business that can…
Q: Hello teacher please help me this question
A: STEP 1.Profit Margin for Children and Store Profit Margin1.Profit Margin for ChildrenThe child earns…
Q: general accounting. MCQ
A: To calculate gross profit, we use the following formula: Gross Profit=Sales−Cost of Goods Sold…
Q: Lakeside Technologies sold a new issue of.... Please answer the general accounting question
A: Step 1: Define Bonds Issued at DiscountWhen bonds are issued at a price below their face value (at a…
Q: Hii, Tutor Give answer to this Problem
A: Explanation: As per the question, Maya Co. sold inventory to Cayman Inc for $80,000 that costed…
Q: Get correct answer general accounting question
A: The necessary data to be used in this calculation are:Earnings Per Share (EPS) = $5.00Market Price…
Q: general accounting question Brooklyn Woodworks Ltd. Manufactures and sells.... Please answer
A: Step 1:Calcualte the contribution margin for each product as follows:Dining table:Contribution…
Q: A company has sales of $150 million, cost of goods sold of $100 million, and a before-tax profit of…
A: Concept of SalesSales represent the total revenue a company generates from selling its goods or…
Q: What is horizon industries opereting leverage?
A: The question requires the determination of the operating leverage.Operating leverage is a…
Q: Cotuit liabilities must be
A: Step 1: Formula Current liabilities = Inventory/(Current ratio - Acid test ratio) Step 2:…
Q: Please solve this question
A: Step 1: Definition of Absorption Costing and Variable-Cost ApproachAbsorption costing is a method…
Q: General accounting
A: Step 1: Define Straight-Line MethodThe straight-line method is one of the methods of calculation of…
Q: Hello tutor provide answer this general accounting question
A: Here's the reasoning:Original purchase cost: $40,000Accumulated depreciation: $30,000Book value…
Q: General Accounting Question need help
A: To calculate the selling price per unit required to achieve the desired profits, we can use the…
Q: Zachary Manufacturing Company began operations on January 1. During the year, it started and…
A: Step 1: Identify costs related to product manufacturing (raw materials, production wages, and…
Q: The actual cost of direct labor per hour is $18 and the standard cost of direct labor per hour is…
A: Step 1: Formula for Direct Labor Rate VarianceThe formula for the Direct Labor Rate Variance is:…
Q: Financial Accounting Question please solve
A: To calculate the direct labor cost, use the formula: Direct Labor Cost = Total Manufacturing Costs -…
Q: Silver stream Pumps, Inc. Manufactures pumps for... Please answer the general accounting question
A: Let's break this question into steps to determine whether the manufacturing overhead was…
Q: Provide correct answer general Accounting question
A: Step 1: Define Direct Labor VariancesDirect Labor Variances can be due to differences in the prices…
Q: Financial
A: To calculate the contribution margin per unit, we follow these steps:Contribution Margin = Sales…
Q: Question
A: Step 1: Calculate the total market value of the group of assets as follows:Total market value = Land…
Q: End of the year physical inventory determined that $760,000 of goods were on hand. The following…
A: Step 1: Analysis:1. The goods in transit of $96,000 need to be added back to the closing inventory…
Q: financial accounting
A: Step 1: Define Free Cash Flow (FCF)Free Cash Flow (FCF) represents the cash available to a company…
Q: Need help with this general accounting question
A: Step 1:Under the accrual basis of accounting, revenue is recognized when it is earned, and expenses…
Q: Financial Accounting Question provide solution
A: Step 1: Define Contribution Margin and Contribution Margin RatioThe Contribution Margin is the…
Q: Solve this cost accounting problem
A: Step 1: Calculate Standard Hours Allowed• Standard Hours Allowed = Actual Output × Standard Hours…
Q: General Accounting
A: Explanation: In the given case, it is stated that the liabilities increased by $85,000 and the…
Q: Suppose Austin Sound had sales of $300,000 and sales returns of $45,000. The cost of goods sold was…
A: To calculate the gross profit, use the formula: Gross Profit = Net Sales - Cost of Goods Sold…
Best Electronics offers trade discounts of 30%, 20%, and 10% in sequence. If the list price of an item is $1,000, ___ is the final price after all discounts. Give me Answer
Step by step
Solved in 2 steps with 1 images
- You buy goods at a list price of $1,100. If you receive a trade discount of 30% and terms are “2/15, n/45,” what amount must you pay if you pay within the discount period?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?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.)
- Please see imagine for questionA wholesaler gives trade discounts 30%, 11% and 3% to his regular customers.a) Find the single discount equivalent to the given trade discounts.b) If the list price of an item is RM320, find the net price.# You can buy a product from one of three companies. Company A for $3,200 with a trade discount of 30%, Company B for $2,900 with a trade discount of 20% and 10%, or Company C for $3,450 with a trade discount of 20%, 15%, 5%. Which company has the lowest net price?
- 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 $)?Assume that markup is based on selling price. Calculate the dollar markup and cost. Note: Round your answers to the nearest cent. Item Canon scanner Selling price $ 72 Markup percent 30 % Dollar markup CostA supplier hands you an invoice for $47,000 with the terms 4/20, net 180. a. ) What is the effective annual cost (expressed as an APR) if you forgo the discount and pay after 180 days?b. )What is the effective annual cost (expressed as an APR) if you pay after 200 days?
- Arrow Manufacturing offers discounts of 31%, 15.5%, 3% on a line of products For how much should an item be listed if it is to be sold for $286 22? The itom should be isted for $ (Round the final answor to the nearest cent as needed. Round all intermediate values to six decimal places as neoded)Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $9500 with trade discounts of 25/14/6. What is the net price factor? What is the single equivalent discount? What is the amount (in dollars) of the trade discount? What is the net price (in dollars) of the order?Look at the question below