Invoice Qty. Item # Description Unit Price Discount % 437 Model A Business class router 101.47 15% 167 Model B Executive business class router 151.51 10%,9%, 4% Subtotal C. Ontario Sales tax amt. d. Total Line Total a. b. e. What is the single equivalent rate of discount for Model B? Your answer should be in the format xx.xx%, so to two decimal places.
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- 1. Calculate the missing information for the purchase. Item SellingPrice SalesTaxRate SalesTax(in $) ExciseTax Rate ExciseTax TotalPurchase Price(in $) Sofa $350.00 5 $ 0 0 $1. Find the trade discount and net price. Item List Price Trade-Discount Trade Discount Net Price Rate Pool Filter $395.65 10%If the price of an item displayed as $44 (GST inclusive) then what is the GST component? Select one:$44 divided by 1/11None of these10% of $4411% of $44$44 multiply by 1/11Clear my choice
- If the price of an item displayed as $44 (GST inclusive) then what is the GST component? Select one:$44 divided by 1/11None of these10% of $4411% of $44$44 multiply by 1/112. Compute the complement rate and the net price using the complement method. Trade Discount List Price $4,250 35% Complement Rate a. Complement Rate: 75%; Net Price $3,187.50 b. Complement Rate: 35%; Net Price $2,762.50 c. Complement Rate: 35%; Net Price $1,487.50 d. Complement Rate: 65%; Net Price $2,762.50 Net Price13. One of the following is not a purchase cost of inventoriesa. non-refundable taxes b. trade discounts c. import duties d. handling cost 14. A markup of 40% on cost is equivalent to what markup on selling price?a. 29%b. 40%c. 31%d. 25% PLEASE ANSWER IMMEDIATELY
- 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.$1,293.75Price of Rug $1,400 Chain Discount: 18/12 Find the Net Equivalent Rate Find the Single equivalent Discount Rate Find the Amount of Trade Discount Find the Net PriceFind the sales tax and total sale. Item marked price Sales tax rate Sales tax $572.34 5.168% Item marked price Sales tax rate $572.34 5.168% (Round to the nearest cent.) Sales tax Total sales Total sale
- On July 1, 2021, Markwell Company acquired equipment. Markwell paid $167,500 in cash on July 1, 2021, and signed a $670,000 noninterest- bearing note for the remaining balance which is due on July 1, 2022. An interest rate of 5% reflects the time value of money for this type of loan agreement. (PV of $1, PVA of $1) (Use appropriate factor(s) from the tables provided.) For what amount will Markwell record the purchase of equipment? Multiple Choice $705,595 $797,977. $837.500. { Prev 15 of 15 NextUse the information below to answer. What is the total cost of the markdown? Style # QTY Orig Retail Sale Price 1000 120 $50.00 $29.99 1200 150 $38.00 $29.99 1300 144 $44.00 $29.99 1400 96 $54.00 $29.99Option A В -А C-B C-A -4500 -7500 -9000 -3000 -1500 -4500 1500 3000 3400 1500 400 1900 2. 2000 3000 3740 1000 740 1740 3 2500 3000 4114 50 1114 1614 8/C or AB/C 0.91 1.18 1.07 1.11 1.31 1.04 Your accountant has provided you with the table below comparing three alternatives using benefit-cost ratio analysis and an MARR of 6%, the best option is: Option A Option B O Option C There is not enough information provided. Year