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Title: Calculate the trade discount amount of merchandise with a list price of 5,000 less trade discounts ... Post by: jouameng on Mar 10, 2018 Calculate the trade discount amount of merchandise with a list price of 5,000 less trade discounts of 40/20/15.
A) 2,960 B) 2,040 C) 3,750 D) 1,250 Q. 2 Bigg Stores had net sales of 254,700 for July. They maintain a gross margin of 56 on sales, and estimate their ending inventory for July to be 78,400. What is the amount of goods available for sale? Q. 3 Dents and Dings Auto Body buys paint with a list price of 29,000. If the supplier extends trade discounts of 30/35/20, what is the trade discount amount? A) 10,566 B) 18,444 C) 17,600 D) 13,250 Q. 4 Susan's Salon maintains a gross margin of 58 on all of its merchandise. In April the company had a beginning inventory of 622,500, net purchases of 92,400, and net sales of 127,700. Use the gross profit method to estimate the cost of ending inventory as of April 30. Q. 5 Flora's Flowers buys some pots and vases with a list price of 26,700. If the supplier offers a trade discount that yields a net price of 12,955, what is the trade discount rate to the nearest tenth of a percent? A) 45.1 B) 49.5 C) 59.6 D) 51.5 Title: Calculate the trade discount amount of merchandise with a list price of 5,000 less trade discounts ... Post by: samsammmmm on Mar 10, 2018 Content hidden
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