Calculate the trade discount and net price (in $) to the nearest cent.   LIST PRICE :$289.00 TRADE DISCOUNT RATE: 25%

Q: Percent Percent Markup Based on Cost Markup Based on Amount of Item Cost Selling Price (in $) Markup…

A: Selling Price = Cost + Markup Amount   Percent Markup Based on Cost = Markup Amount / Cost   Percent…

Q: 1.Calculate the missing information for the purchase. (Round your answers to the nearest cent.)…

A: Taxes are the amount of dues to be paid by the individual to the government. There can be direct…

Q: Assume that markup is based on selling price. Find the dollar markup and percent of markup on…

A: Markup is the difference between selling price of a good and its cost price. Markups are added by…

Q: a. What is the net price factor of a 25/19 series of trade discounts? net price______   b. A…

A: A trade discount is a reduction in the price of financial instruments or securities, such as bonds…

Q: Calculate the trade discount (in $). Round your answer to the nearest cent.

A: Trade discount: It is the discount given on the list price of the goods sold.

Q: Calculate the missing information for the purchase. Item Selling Price (in $) Sales Tax Rate Sales…

A: Introduction:- The following Formula for purchase price after sales tax as follows:- Purchase price…

Q: A boutique buys some merchandise with a list price of $3,800. If the wholesaler extends a 30% trade…

A: Trade discount is the rate by which list price is reduced.

Q: Net price discount

A: The net price is the price paid for an item in actuality. It is the actual amount paid by the…

Q: Find the sales tax and total sale. Item marked price Sales tax rate Sales tax $572.34 5.168% Item…

A: The item marked price excluded the sales tax, So the total sales price is the sum of the marked…

Q: Complete the following table: Note: Do not round net price equivalent rate and single equivalent…

A: Working : Net price equivalent rate (in decimals) = (1 - discount 1) x (1 - discount 2) x (1-…

Q: Complete the following table: Note: Do not round net price equivalent rate and single equivalent…

A: Net Price Equivalent Rates :— Net price equivalent rate is the rate that represents the net price…

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: The net price of an item after trade discounts of 34.00%, 11.50%, and 5.50% is $1,700.00. a.…

A: Net price after discount = $1700Trade discount = 34%, 11.50%, 5.50%

Q: Clothing. Selling price $28.15. Sales tax rate 4.5%. What is the sales tax?

A: Sales tax = (Selling price /(1+ sales tax rate)) * sales tax rate

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: The selling price is the price of the product at which the product is available for sale.

Q: Complete the following table: (Do not round net price equivalent rate and single equivalent discount…

A: ANSWER:-    ITEM LIST PRICE CHAIN DISCOUNT NET PRICE EQUIVALENT RATE (in decimals) SINGLE…

Q: Complete the following​ invoice, finding the net price using the single trade discount…

A: The Gross invoice is computed by multiplying the units with the unit price of three product and then…

Q: 1. Find the trade discount and net price. Item List Price Trade-Discount Trade Discount Net Price…

A: The trade discount is the discount that is offered to the all customer and that is fixed percentage…

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: If the annualized cost of the trade credit discount is 7.37%, what is the net trade credit period?…

A: Trade credit is a form of financing provided by suppliers to their customers. It allows customers to…

Q: Complete the following table by finding the net price factor, single equivalent discount, trade…

A: Net Price Factor (NPF): NPF = 1 - (Trade Discount Rate/100)Single Equivalent Discount (SED): SED = 1…

Q: Complete the following table: Note: Do not round net price equivalent rate and single equivalent…

A: Single equivalent discount rate = 1 - Net price equivalent rate

Q: Which of the following cases show(s) the situation(s) that the list price is higher than the net…

A:

Q: Assume that markup is based on cost. Calculate the cost and sellin Note: Round your answers to the…

A: Introduction:- A mark-up is a percentage is added to the cost of a product. It is the difference…

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: Complete the following table by finding the net price factor, single equivalent discount, trade…

A: Calculation: Formula snip;

Q: Find the net cost (invoice amount) for the following. Round to the nearest cent. 1. List price:…

A: 10/20/10 discount term means that first 10% discount will be given , after deducting that discount ,…

Q: Calculate the missing information. Round dollars to the nearest cent and percents to the nearest…

A: Mark on sales means that cost is below that much from sales price. Mark up on cost is added to cost…

Q: An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b.…

A: Markup refers to the profit a seller wants on the sale of the product. It is added to the cost of…

Q: Find amount of (A) net price and (B) trade discount dollar amount.  Stove: List $1,400 Chain…

A: List price = $1400 first discount = $1400*13% first discount =182