
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Calculate the net price factor ( as a % ) and net price ( in $ ) by using the complement method, round your answer to the nearest cent.
List price is $1,244.25
Trade discount is 45.9%
What is the Net Price Factor and what is the Net price ?
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- Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item PercentMarkupBased onCost PercentMarkupBased onSelling Price Flashlight ____ % 55%arrow_forwardSolve for the missing numbers.Markup is based on selling price. Round dollar amounts to the nearest cent. 54% C $ ? ? % M$ ? 100% S $55.38 O A. O C. 54% C $80.85 154% M $25.47 100% S $55.38 54% C $29.91 154% M $25.47 100% S $55.38 O B. O D. 54% C $29.91 46% M $25.47 100% S $55.38 54% C $25.47 46% M $29.91 100% S $55.38arrow_forwardComplete the following table: (Do not round net price equivalent rate and single equivalent discount rate. Round the dollar amounts to the nearest cent.) Net price equivalent rate (in decimals) Single equivalent discount rate (in decimals) Chain discount Trade discount Item List price Net price Samsung Blu-ray player %24 213 7/4/2 6.000000 1.000000 186.00 $4 27.00 .... Marrow_forward
- Pls provide stepwise answer if possible using excel only with same referencing. Provide explanation also.arrow_forwardQuestion 11 Complete the following table. Show solutions correct to two decimal places. % Markup Based on Cost Cost $89 Selling Price Next Question Markup Amount % % Markup Based on Selling Price 30%arrow_forwardA computer lists for $ 600. 1. Find the trade discount if a discount rate of $ 10 is offered. 2. Find the net price. 3. Find the net price rate. 4. Use the net price rate to recalculate the net price.arrow_forward
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