Please both solution given The net price of an item after trade discounts of 14%, 9.5%, and 1.5% is $1,517.92.a. What is the list price of the item?$0.00Round to the nearest centQuestion 9 of 12b. Calculate a single equivalent trade discount rate of the series of discount rates.0.00 %Round to two decimal placesk Question 8 of 12A wholesaler listed a food additive for $50.00 per kg. Last winter, he offered 23.00%and 9.00% discounts to a retailer. Round your answer to 2 decimal places.a. Calculate the net price to the retailer:$0.00Round to the nearest centb. Calculate the amount of trade discount per kg to the retailer:$0.00Round to the nearest cent

a. Let's start by calculating the net price of the item after each discount: After a 14% discount,…

Answered: a. What is the list price of the item?…

a. What is the list price of the item? $0.00 Round to the nearest cent b. Calculate a single equivalent trade discount rate of the series of discount rates. 0.00 % Round to two decimal places

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 7P: Calculate the nominal annual cost of nonfree trade credit under each of the following terms. Assume...

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Please both solution given

Question 8 of 12
A wholesaler listed a food additive for $50.00 per kg. Last winter, he offered 23.00%
and 9.00% discounts to a retailer. Round your answer to 2 decimal places.
a. Calculate the net price to the retailer:
$0.00
Round to the nearest cent
b. Calculate the amount of trade discount per kg to the retailer:
$0.00
Round to the nearest cent

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