Essay
Given the following, calculate the net price of the purchase by a customer who buys 1,000 cases of product and pays the supplier within 15 days of shipment. What is the total percentage discount on the sale?
- Cost of product: $75.00 per case
- Trade discount: $5.00 per case
- Quantity discount: 1.5% for each 500 cases
- Performance allowance: 5%
- Cash discount: 2/10, net 30
Correct Answer:
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List Price $75.00
LESS: Trade Discount $...View Answer
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Correct Answer:
Verified
LESS: Trade Discount $...
View Answer
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