The distributor of Nikita power tools is offering a trade discount of 38% to hardware stores. What will the stores' cost be to purchase a rotary saw listed at $135? SuperSave stores can purchase Annapolis Gold apple juice for $11.50 per case less a trade discount of 30%. They can also obtain No-Name apple juice at a discount of 22% from the suggested retail price o $10.50 per case. Which juice will have the lower net cost per case? How much lower?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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EBM - TRADE DISCOUNT
ASSIGNMENT
Show ALL working and add statements where applicable
1.
The distributor of Nikita power tools is offering a trade discount of 38% to hardware stores. What will
the stores' cost be to purchase a rotary saw listed at $135?
2. SuperSave stores can purchase Annapolis Gold apple juice for $11.50 per case less a trade discount of
30%. They can also obtain No-Name apple juice at a discount of 22% from the suggested retail price of
$10.50 per case. Which juice will have the lower net cost per case? How much lower?
Transcribed Image Text:EBM - TRADE DISCOUNT ASSIGNMENT Show ALL working and add statements where applicable 1. The distributor of Nikita power tools is offering a trade discount of 38% to hardware stores. What will the stores' cost be to purchase a rotary saw listed at $135? 2. SuperSave stores can purchase Annapolis Gold apple juice for $11.50 per case less a trade discount of 30%. They can also obtain No-Name apple juice at a discount of 22% from the suggested retail price of $10.50 per case. Which juice will have the lower net cost per case? How much lower?
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