Complete the following table: Note: Do not round net price equivalent rate and single equivalent discount rate. Round the dollar amounts to the nearest cent. Item list price chain discount net price equivalent rate (in decimals) single equivalent discount rate (in decimals) trade discount net price LG Blu-Ray player $198 8/6/4

Complete the following table: Note: Do not round net price equivalent rate and single equivalent discount rate. Round the dollar amounts to the nearest cent. Item list price chain discount net price equivalent rate (in decimals) single equivalent discount rate (in decimals) trade discount net price LG Blu-Ray player $198 8/6/4

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. List Price: $650.70 Trade Discount Rate: 31/15/5
Complete the following table: Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Item List Price chain discount net price trade discount Sony digital camera $320 6/4/3
Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. List Price TradeDiscountRate Net PriceFactor SingleEquivalentDiscount TradeDiscount Net Price $7,800.00 15/4/4 $ $
Complete the following invoice, finding the net price using the single trade discount rate.QtyItemUnit priceList price3535Notebooks$1.311.314545Looseleaf paper$0.880.882525Ballpoint pens$0.830.83Total list price3535% trade discountNet priceFill in, rounding to the nearest cent as needed.QtyItemUnit priceList price3535Notebooks$1.311.31$nothing
An invoice shows a net price of $176.72 after trade discounts of 30%, 10%, and 2% have been deducted.a. What was the list price of the goods? (Round your answer to the nearest cent.)Price = $ 286.23b. What single rate of trade discount would be equivalent to the discount series? (Round your answer to two decimal places.)Single rate = % (Not 61.74)
Calculate the net price factor and net price (in dollars). For convenience, round the net price factor to five decimal places and the net price to the nearest cent, when necessary. List Price Trade Discount Rate Net Price Factor Net Price $0.49 20/7/6 $
How do you find the trade discount and net price of an item if the list price is $199, the chain discount is 8/4/3, the net price equivalent rate is 0.856704, and the single equivalent discount rate is 0.144296?
List price is $450.70. The trade discount rate is 31/15/5. What is the single equivalent discount? What is the trade discount? What is the net price? Round the net price factor and single equivalent discount five decimal places, and the trade discount and net price to the nearest cent when necc
What is the amount of the trade discount on goods ordered with a list price of $3,450 and a trade discount rate of 3 3 4 % to the nearest cent? A. $86.25 B. $129.38 C. $862.50 D.$1,293.75
Calculate the single equivalent discount and amount of trade discount on merchandise listing for P20,000, less trade discounts of 30%, 10%, and 5%. Round to the nearest centavo
Calculate the trade discount and net price (in $) to the nearest cent. LIST PRICE :$289.00 TRADE DISCOUNT RATE: 25%
Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item OriginalSelling Price(in $) Amount ofMarkdown Sale Price MarkdownPercent Necklace $ $105.00 $235.00 %

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Item	list price	chain discount	net price equivalent rate (in decimals)	single equivalent discount rate (in decimals)	trade discount	net price
LG Blu-Ray player	$198	8/6/4