What is the amount of the trade discount on merchandise that a vendor can receive with a list price of $7,700 and a trade discount of 20.5%?

20,747 results
  1. Acct

    journalize the following merchandise transactions, using the net method under a perpetual inventory system. a. Sold merchandise on account, $24,600 with terms 1/10, n/30. The cost of the goods sold was $14,760. If an amount box does not require an entry,

  2. math

    What is the amount of the trade discount on merchandise that a vendor can receive with a list price of $7,700 and a trade discount of 20.5%?

  3. Math

    Janet Foster bought a computer and printer at Computerland. The printer had a $620 list price with a $100 trade discount and 2/10, n/30 terms. The computer had a $2,200 list price with a 25% trade discount but no cash discount. On the computer,

  4. Accounting

    Cruise industries purchased $10,800 of merchandise on February 1, 2007, subject to a discount trade of 10% and with credit terms of 3/15, n/60. It returned $2,500 (gross price before trade or cash discount) on February 4. The invoice was paid on February

  5. Business Math

    What is the net price factor of a 25/15 series of trade discounts? (2pts) What is the net price factor of a 35/10/15 series of discounts? (2pts) Legacy Designs places an order for furniture listing for $90500 less trade discounts of 25/20. What is the net

  6. Accounting urgent

    Ellis Co. sold merchandise to Rather Co. on account, $7,150, terms 2/15, n/30. The cost of merchandise sold is $4,290. Ellis Co. issued a credit memo for $850 for merchandise returned and later received the amount due within the discount period. The cost

  7. math

    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?

  8. math

    A flower shop buys roses with a list price of $1,500. If the wholesaler offers trade discounts of , find the trade discount amount to the nearest penny

  9. finance

    Brand Advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to get away with paying for supplies on credit in 60 days. Since it doesn’t have money on hand to take advantage of the discount, it tries to

  10. math

    Finney & Company purchased $1,800 of merchandise on 5/6. The terms were 2/15 EOM. The sneakers were received on 5/20, sent FOB Shipping Point. Freight charges amounted to $45. a. What is the discount date? b. What payment must be made by that date to take

  11. Business Math

    Import exclusives Ltd. received an invoice dated June 28 from Dansk Specialties of Copenhagen with terms 5/20, n/45: 100 teak trays at $34.30 each; 25 teak ice buckets at $63.60 each; 40 teak salad bowls at $54.50 each. All items are subject to trade

  12. Business math

    What is the Net price and trade discount of a (Treadmill cost $3000) with a chain discount of 9/4?

  13. math

    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?

  14. Business Math

    Kiddie Kites buys Japanese kite kits with a list price of $6,500. If the supplier offers trade discounts of 30/15/15, find the trade discount amount to the nearest cent.

  15. Math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? Using your answer to the question above, what is the net dollar amount of that rose

  16. maths --plse help me..

    A fruit vendor buys 300 apples at Rs 50 per dozen. The vendor sold 200 of them at Rs 50 per 10 apples. At what rate per apple should the vendor sell the remaining apples to make an overall profit of 12% ?

  17. math

    during a special promotion, each customer who makes a purchase is given a coupon for a discount of either 10,20, 30,40, or 50 percent. if a customer has an equal chance of receiving any one of the 5 types of discount coupons,what is the probability that

  18. Accounting

    during 2016 bava corporation sold merchandise for a total of 600000 the cost of merchandise to bava was $450000 bava offers credit terms of 1/10, n/30 to encourage early payment. at year end there are $15000 of sales still eligible for the 1% discount.

  19. math

    journalize the following merchandise transactions, using the net method under a perpetual inventory system. a. Sold merchandise on account, $24,600 with terms 1/10, n/30. The cost of the goods sold was $14,760. If an amount box does not require an entry,

  20. Finance

    Brand advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to get away with paying for supplies on credit in 60days. since it doesnt have money on hand to take advantage of discount, it tries to negotiate a

  21. Finance

    Brand Advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to ger away with paying for supplies on credit in 60 days. Since it doesn't have money on hand to take advantage of the discount, it tries to

  22. Discount Note

    The September 2003 issue of money stated that intrest rates have climbed to 5.99% Nancy Martin, owner of Martins Textile Manfacturing, supplied Dolan Limited with clothing worth 7353.00 The terms of sale were 180 days and 5.4% intrest. Dolan Limited took

  23. accounting

    Capwell Corporation uses a periodic inventory system. The company's ending inventory on December 31, 2011, its fiscal-year end, based on a physical count, was determined to be $326,000. Capwell's unadjusted trial balance also showed the following account

  24. Finance

    Carnation needs to buy a $12,500 part the part company is offering cash discount terms of 4/10, n30. Carnation has a tight cash flow, wants to discount a 180 day note dated February 12 with a maturity value of $10,300. Bank offers a discount rate of 6%.

  25. Accounting

    can somebody please explain to me how to do this problem: Cruise Industries purchased $10,800 of merchandise on February 1, 2007, subject to a trade discount of 10% and with credit terms of 3/15, n/60. It returned $2,500 (gross price before trade or cash

  26. Math

    A computer store buys some merchandise with a list price of $3,000. If the wholesaler offers trade discount rates of 40/25/10, find the trade discount.

  27. accounting

    A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $250 worth of merchandise and paid the invoice within the 2% cash discount period. What is the total amount paid for this merchandise

  28. Business Math

    Nature Garden Center buys lawn mowers that list for 679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

  29. Math

    Natureland Garden centr buy lawn mowers that list for $679.95 less 30% trade discount. What is the dollar amount of the trade discount and what is the net price of each lawn mower? Trade discount: 679.95*.30+ 203.99 Net Price: 679.95 - 203.99= 475.96 Is my

  30. accounting

    Write the journal entries to record the following transactions. A) Purchased $4,900 of merchandise from a supplier on account, terms FOB shipping point, 1/10, n/30, transportation charges of $80 were added to the invoice. B) Received a credit memorandum

  31. math

    2.FIND THE TRADE DISCOUNT cost price = RM1780 rate of trade discounot = 30%,10% and 5% as we know to get trade discount is= list price X trade disount rate so i do : RM1780x0.3xo.1xo.o5 = RM2.67 BUT in my book the answer is RM714.67. WHAT the step or

  32. accounting

    Santa Fe Company purchased merchandise for resale from Mesa COmpany with an invoice price of $24,000 and credit terms of 3/10,n/60. The merchandise had cost Mesa $16,000. Santa Fe paid within the discount period. Prepare entries that Santa Fe Company

  33. Math

    1. Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? 2. Using your answer to the question above, what is the net dollar amount of that

  34. Math

    1. Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? 2. Using your answer to the question above, what is the net dollar amount of that

  35. math

    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?

  36. Math

    1. Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount? 2. What is the net price of each Natureland Garden Center lawn mower?

  37. BUSINESS MATHS

    Payment was done on August 30 for the invoice below. Please fill in the blank for the missing quantities. Terms: 5/10, 3/20, n/30 Date: August 19 Quantity Description Unit List Price Total 5 Frying Pan RM25.00 each 5 Glass Jar RM25.00 each 10 Knife RM5.40

  38. Math

    Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount? Answer: 203.99 What is the net price of each Natureland Garden Center lawn mower? Answer: 475.96 Just want to make

  39. C++ programing

    Q.3 A shopkeeper announces a package for customers that he will give 10 % discount on all bills and if a bill amount is greater than 5000 then a discount of 15 %. Write a C++ program which takes amount of the bill from user and calculates the payable

  40. Math

    (Mix and Match) Instructions: choose an item from (a), (b), (c), (d) or (e) that best matches the given problem. Enter your response in the space provided. (a) single equivalent discount (b) amount of discount (c) 3 / 10 , n / 30 (d) 5 / 10 , 3 / 15 , n /

  41. Business Math - Please Help is Possible!

    Import exclusives Ltd. received an invoice dated June 28 from Dansk Specialties of Copenhagen with terms 5/20, n/45: 100 teak trays at $34.30 each; 25 teak ice buckets at $63.60 each; 40 teak salad bowls at $54.50 each. All items are subject to trade

  42. math

    Roberto is an employee of a store and receives 20% discount off all items in the store. During a sale, the price of a jacket is reduced by $15. Roberto will receive both his 20% discount and the $15 off. Which is better for Roberto, to take the 20%

  43. FIN/370

    If a firm buys on trade credit terms of 1/10, net 45 decides to forgo the trade credit discount and pay on the net day, what is the annualized cost of forgoing the discount (assume a 360-day year)? The annualized cost of the trade credit terms of 1/10, net

  44. buisness math

    the single equivalent discount rate of the trade discount 3/3/1 is

  45. Finance

    If a firm buys on trade credit terms of 3/10, net 50 and decides to forgo the trade credit discount and pay on the net day, what is annualized cost of forgoing the discount (assume a 360-day year)? The annualized cost of the trade credit terms of 3/10, net

  46. accounting

    CHOI ENTERPRISES Inv. No. Check Date Description Name or Date No. Terms Amount Dec. 16 Merchandise sold (cost $4,600) Hanna Seppa 916 2/10, n/30 $7,700 17 Received credit memo on returned merch. Funk Company Dec. 15 1,040 17 Purchased office supplies KK's

  47. busness math

    two vendors are competing for your busness.vendor A is offering you a 6/8/12 discount and vendor B is offering a discount of 7/9/10.what is the single equivalent discount being offered by each vendor(round to the nearest hundredth percent)

  48. Math

    Find the trade discount for an order of merchandise with a list price of $8,000 less trade discount rates of 30/20/15. (Find the single equivalent discount first.)

  49. accounting

    bought merchandise on account. Received a two and a half percent trade discount. The gooda were originally marked at 3200 rand (i.e.before the trade discount) which source document will be used and what will the accounting equation be??

  50. math

    A vendor who normally sells with a 8% cash discount what will be the loaded cost of merchandise normally selling for $968 when the invoice is loaded to allow the 8% discount.

  51. math

    merchandise was purchased at list for $3,460 with a single trade discount of 23%. What was the net price of this merchandise?

  52. MATH

    Merchandise was purchased at list for $3,460 with a single trade discount of 23%. What was the net price of this merchandise? A. $4,255.80 C. $795.80 B. $2,664.20 D. $772.8 would you subtract? answer being (B)

  53. accounting

    sa traders who use the perpetual inventory system, purchased merchandise on the 1 feb 2011 form africa limited for 500. the purchase was subject to a cash discount of 5% if settled within 20 days and a trade discount of 25%

  54. Math

    Merchandise lists for $5,000 with a trade discount of 10% and terms of 5/30, 3/60, n/90. If the purchaser is invoiced on April 12th and payment is made on June 10th, what is the actual amount paid? (Points: 5) $4,275 $4,350 $4,365 $4,500

  55. business math

    1. Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

  56. math

    Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

  57. Math

    Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

  58. math

    Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount?

  59. Accounting

    stion 8 of 20 5.0 Points Merchandise lists for $5,000 with a trade discount of 10% and terms of 5/30, 3/60, n/90. If the purchaser is invoiced on April 12th and payment is made on June 10th, what is the actual amount paid? A. $4,275 B. $4,350 C. $4,365 D.

  60. contemporary math

    Question 1. 1. Natureland Garden Center buys lawn mowers that list for $679.95 less a 30% trade discount. What is the dollar amount of the trade discount? (Points

  61. math trade discount

    In addition to the regular trade discount of 25% and a volume purchase discount of 8.33333333% from the manufacturer, Appliance Warehouse is offered a further 5% discount for orders places in January. a. What is the list price on an electric range whose

  62. accounting

    Write the journal entries to record the following transactions. A) Sold merchandise on account, $11,000, terms 2/10, net 30. The cost of merchandise sold was $8,000 (2 entries required). B) Issued a credit memorandum for $500 to the customer for

  63. Math

    Fantasia Florist Shop purchases an order of roses with a list price of $2,375 less trade discounts of 15/20/20. What is the amount of trade discount and what is the net dollar amount of that rose order? Trade discount: .85*.80*.80=.544 2375*.544=1292

  64. Business math

    A watch with a list price of $889.00 is sold by a wholesaler at a net cost of $545.75. Find the single trade discount rate being offered. round to the nearest tenth of a percent 889.00*61.4? since trade discount equals list price * trade discount

  65. Principles of accounting

    Sold goods on credit at list price less 10% trade discount to: D. Prince 25,000 S. Cato 14,000 What is the trade discount amount and how much does each person pays for the goods?

  66. algebra

    i don't get this ok it says suppoes the discount is only 1 percent .what total discount amount would mr.fernandes receive on the 15 CDs

  67. Math

    What was the trade discount rate if merchandise with a list price of $8,700 was sold at a net price of $6,351?

  68. math

    a park purchased equipment from a manufacturer for a list price of $42,000 minus trade discounts of 30/20/15. How do you calculate the amount of the trade discount on the purchase?

  69. accounting

    BISHOP COMPANY Inv. No. Check Date Description Name or Date No. Terms Amount Mar. 1 Received merchandise and invoice Soy Industries Mar. 1 2/15, n/30 42,600 2 Merchandise sold (cost $7,900) Min Cho 854 2/10, n/30 15,800 3 Purchased office supplies Stacy

  70. business math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 25/15/10 . What is the dollar amount of the trade discount?

  71. Math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount?

  72. Math

    An amusement park purchased equipment from a manufacturer for a list price of $42,000, minus trade discounts of 30/20/15. Calculate the amount of the trade discount on the purchase.

  73. business math

    An Amusement park purchased equipment from a manufacturer for a list price of $42,000.00 minus trade discounts of 30/20/15. Calculate the amount of the trade discount on the purchase.

  74. Math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount?

  75. Math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount?

  76. business math

    3. Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? (Points : 2.5)

  77. math

    amusement park purchased equipment from a manufactures for a list price of 42,000 minus trade discounts of 30//20/15. Calulate the amount of the trade discount on the purchase. Help so lost

  78. math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? (Points : 2.5)

  79. math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? (Points : 2.5)

  80. math

    A Model M3SWE mandolin has a list price of $1299.90, with a chain discount of 5/3/2. (A) What would be the trade discount amount? (B) What would be the net price?

  81. Math

    Tan's Bakery buys some goods with a list price of $5,900. The supplier extends a 45% trade discount rate. What is the trade discount?

  82. math

    calculate the trade discount for 60 boxes of computer paper if the unit price is $15.25 and a single trade discount

  83. Math!

    DigiCom has decided to purchase products with a list price of $503.60 and a trade discount of 40%. What is the amount of discount on the products? A, discount amnt d, discount rate L, list price A=dL A=(.40)(503.60) A=201.44 What is the net price of the

  84. Business math

    254 trade discount series 11/10/11 What is the trade discount and what is the net price of the kennel?

  85. math

    An amusement park purchased equipment from a manufacturer for a list price of $42,000, minus trade discounts of 30/20/15. Calculate the amount of the trade discount on the purchase. A. $19,992 C. $23,520 B. $22,008 D. $29,400 could someone help me

  86. Math

    Fantasia Florist Shop purchases an order of imported roses with a list price of $2,375 less trade discounts of 15/20/20. What is the dollar amount of the trade discount? Answer: 1306.25 4. Using your answer to the question above, what is the net dollar

  87. FRM 130 Retail Math

    You are working a floor manager of the hosiery department in Betty's Fashion House. You have purchased items which are invoiced at $38,000 that carry a freight charge of $347 and the cost $150 from a particular vendor to set out on the sales floor. The

  88. accounting

    Exercise 5-3 Analyzing and recording merchandise transactions-both buyer and seller LO P1, P2 Santa Fe Company purchased merchandise for resale from Mesa Company with an invoice price of $16,000 and credit terms of 3/10, n/60. The merchandise had cost Mesa

  89. programming

    A store uses the following policy to award discount. If the customer purchases products costing more than ksh 30,000 she is given a discount of 10%, otherwise she is given a discount of 2%. Write a complete C++ program that allows a user to input the total

  90. control structures

    A store uses the following policy to award discount. If the customer purchases products costing more than ksh 30,000 she is given a discount of 10%, otherwise she is given a discount of 2%. Write a complete C++ program that allows a user to input the total

  91. economics

    Given the following exports of merchandise 107 exports of services 34 net unilateral transfers 7 statistical discrepancy 0 official settlements balance 22 imports of services 22 capital inflow 6 imports of merchandise 119 capital outflow 29 Calculate the

  92. College Math

    Trade Discount at 12% add 3% what is the net cost equivalent rate of the series discount?

  93. math

    Company ABC offers a series discount of 20%,10% and 4% on a type of water filter while company XYZ offers a single discount of 32% on the same type of water filter. Which company offers a greater discount on its merchandise assuming the list price is the

  94. Promissory Notes

    The September 2003 issue of money stated that intrest rate have climbed to 5.99%. Nancy Martin, owner of Martins textile Manufacturing, supplied Dolan Limited with clothing worth 7353.00. The terms of sale were 180 days and 5.4% intrest. Dolan Limited took

  95. Discount Notes

    The September 2003 issue of money stated that intrest rates have climbed to 5.99%. Nancy Martin, owner of Martins Textile Manfacturing, Supplied Dolan Limited with clothing worth 7353.00. The Terms of sale were 180-days and 5.4% intrest. Dolan Limited took

  96. math

    Company ABC offers a series discount of 20%,10% and 4% on a type of water filter while company XYZ offers a single discount of 32% on the same type of water filter. Which company offers a greater discount on its merchandise assuming the list price is the

  97. math

    Company ABC offers a series discount of 20%,10% and 4% on a type of water filter while company XYZ offers a single discount of 32% on the same type of water filter. Which company offers a greater discount on its merchandise assuming the list price is the

  98. Computer Programing & Logic Design

    Submit pseudocode and a flowchart for the following programming exercise: Software Sales A software company sells a package that retails for $99. Quantity discounts are given according to the following table: Quantity Discount 10-19 20% 20-49 30% 50-99 40%

  99. Math repost for Kenya

    math - kenya, Monday, September 24, 2007 at 6:42pm the cds cost 9.95 each cd if the discount were only 1% what totaldiscount amount would Mr.knapp receive on the 15 cds

  100. math

    an amusement park purchased equipment for a list price for 42,000, minus trade discounts of 30/20/15. calculate the trade discount on the purchase.

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