Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. Trade Discount Single Equivalent Discount Net Price Trade List Price Net Price Factor Discount Rate $650.70 31/15/5 0.56 0.442825 $ 288.15 $ 362.55

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

A: Given that list price is = $7800 The trade discount  rate is  = 15/4/4 Net price factor =     0.85 ×…

Q: Calculate the net price factor and net price (in dollars). For convenience, round the net price…

A: The question is based on the concept of Financial Management. Sometimes traders provide a series of…

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: 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: Q7. A series discount of 15 % followed by 12% is offered to wholesalers while a series discount of…

A: Single equivalent discount for successive discounts of 15% and 12%. = 27-1.8 = 25.2%

Q: From the "Period and Volume Discounts" window, how do we proceed to the "Volume Discounts and Price…

A: Companies use the software which are the accounting software’s which are used by the company in…

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

A: Trade discount is the amount which is levied on the price of the product when it is sold to 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: A purchasing Department purchased the following items at the given list prices & trade discounts.…

A: Trade discount = List price x Single discount rate Net Price = List price - Trade discount

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

A: Information Provided: List price = $365 Trade discount rate = 7%

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: f) Define the following and provide respective examples with numeric calculations where possible:…

A: Trade Discount: It is an incentive provided to the customer who purchase goods in bulk quantities.…

Q: III. Find the Net Price rate (or complement of discounts), Net Price, and Total discount. Round to…

A: Trade dscount is the discount which the purchaser gets on any product. One method of calculating the…

Q: Calculate the net price factor and net price (in dollars). For convenience, round the net price…

A: List price is the selling price recommended by the manufacturer to the retailer.

Q: Calculate the net price factor and single equivalent discount. For convenience, round your answers…

A: The question is based on the concept of Financial Management. Usually, the traders provide a series…

Q: Q. 7. Find the complement rates (where none exists, enter an "*") and the net price using the…

A: The amount at which a good or service is sold after deducting all discounts and adding all…

Q: Find the list price of an article that is subject to discounts of 22.35% ,9.25% ,3 % if the net…

A: Discount is a reduction from the cost of an article. The original cost of such article is called…

Q: Calculate the trade discount and net price (in $) to the nearest cent. List Price Trade Discount…

A:

Q: The net price of an item after trade discounts of 34.00%, 13.00%, and 3.50% is $3,520.00. a.…

A: The objective of the question is to find the regular selling price of the goods and the equivalent…

Q: A company has offered you credit terms of 3/20 net 60. The annual percentage cost to you of…

A: Given: Discount % =3Credit period =60Discount period =20

Q: III. Find the Net Price rate (or complement of discounts), Net Price, and Total discount. Round to…

A:

Q: II. Find the trade discount and trade discount rate. Round to the nearest hundredth percent. Trade…

A: Solution: Trade discount is the discount given on listed price in the normal course of business. The…

Q: List Price (LP) P580 P6200 (5) (7) (9) Rate of Trade Discount (D₁) (1) (3) (6) 85% 2.8% Trade…

A: List Price (LP)  Rate of Trade Discount  Trade Discount   Net Price            580.00 7.5%…

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

A: It is often seen that companies and traders offer discounts on the products being sold by them. In…

Q: Calculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the…

A:

Q: Hello, for each purchase below, I have to calculate the amount to be paid, taking into account any…

A: Credit sales refer to a sale in which the amount owed will be paid at a later date. In other words,…

Q: Find the list​ price, given the net cost and the series discount. Net cost ​$949.25​; trade discount…

A: List price is the original or full price of a product or service before any discounts or promotions…

Q: IV. Complete the table. Round to the nearest cent. Last Date to Take Discount Invoice Last Cash…

A: The accounts receivable represents the customers who have purchased the goods or products from the…

Q: Find the marked price and sales tax. Total price Sales tax rate Marked price Sales tax $403.61 5.9%…

A: Solution:- Total price of a commodity means the price of a commodity inclusive of sales tax. While…

Q: 2. Round each trade-discount rate to the nearest tenth of a percent. (Lesson 1) Net Price Trade…

A: The discount is the amount by which the list price exceeds the net price.

Q: The amount of discount to be recorded if the invoice is paid within the discount period on a…

A: The cash discount would be calculated on the amount, after deducting the trade discount from list…

Q: The cost of discounts on credit terms of 3/10, n/45 is a. 31.78% b. 31.48% c. 20.99% d. 30%

A: Cost of discount credit terms means what cost an entity will have to bear if it is unable to pay…

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: What is the single equivalent discount and amount of trade discount  on merchandise listing for…

A: In this we have to determine the equivalent discount.

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

A: Step 1 The trade discount referred as a percentage discount from the retail or list price.