A retail kiosk has listed a pair of sunglasses for $136 less 30%. A department store in the shopping mall lists the same model for $126 less 20%, less an additional 15%. What additional rate of discount must the kiosk give to meet the department store price? Cyber Computer Ltd. bought a shipment of laptops at a net price of RM 4077.36 each, after discounts of 15%, and 4%. What is the list price? An invoice for RM 3,500 dated March 25, terms 5/10, 2/30, n/60, is paid in full on April 20. What is the total amount paid to settle the account?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 5P: A chain of appliance stores, APP Corporation, purchases inventory with a net price of 500,000 each...
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5. A retail kiosk has listed a pair of sunglasses for $136 less 30%. A department store in
the shopping mall lists the same model for $126 less 20%, less an additional 15%. What
additional rate of discount must the kiosk give to meet the department store price?
6. Cyber Computer Ltd. bought a shipment of laptops at a net price of RM 4077.36 each,
after discounts of 15%, and 4%. What is the list price?
7. An invoice for RM 3,500 dated March 25, terms 5/10, 2/30, n/60, is paid in full on
April 20. What is the total amount paid to settle the account?
Transcribed Image Text:5. A retail kiosk has listed a pair of sunglasses for $136 less 30%. A department store in the shopping mall lists the same model for $126 less 20%, less an additional 15%. What additional rate of discount must the kiosk give to meet the department store price? 6. Cyber Computer Ltd. bought a shipment of laptops at a net price of RM 4077.36 each, after discounts of 15%, and 4%. What is the list price? 7. An invoice for RM 3,500 dated March 25, terms 5/10, 2/30, n/60, is paid in full on April 20. What is the total amount paid to settle the account?
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