Calculate the regular selling price of the goods

Assignment Help Accounting Basics
Reference no: EM133027170

Question - The net price of an item after trade discounts of 34.00%, 13.50%, and 3.00% is $1,920.00.

Required -

a. Calculate the regular selling price of the goods.

b. Calculate the equivalent discount rate of the series of discount rates.

Reference no: EM133027170

Questions Cloud

What price will Magic Fun charge : Magic Fun has total fixed costs of $4,000,000 and total variable cost of $2,000,000 during a month when it sold 200,000 units. What price will Magic Fun charge
Why a legislator would want to introduce a bill : What are some of the reasons why a legislator would want to introduce a bill?
Explain the strategic performance driver : What is meant by the term "strategic performance driver?" What is the relationship of HR activities to strategic performance drivers?
Identify an organisation standards and values : Read the question carefully. You must be able to address each task correctly to complete this assessment satisfactorily.
Calculate the regular selling price of the goods : Question - The net price of an item after trade discounts of 34.00%, 13.50%, and 3.00% is $1,920.00. Calculate the regular selling price of the goods
Differentiate between the three levels of government : 1. In Canadian society, Outline four reasons why laws exist. 2. Differentiate between the three levels of government.
Which distributor offers the cheaper price for the suit : A clothing distributor in Ajax, Ontario sells a designer suit for $1,515 less a discount of 30.00%. Which distributor offers the cheaper price for the suit
Share some experience working as a hr intern : Please share some experience working as a HR intern/ assistant? What were your major duties? Any achievements you've made?
How much is the company contract asset : Costs incurred to date P900,000; Construction income to date P300,000. How much is the company's contract asset (liability) for the year 2019

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd