Find what percentage did store offer for each set purchased

Assignment Help Accounting Basics
Reference no: EM132687113

Problem 1: A men's store offered a discount for each purchase of a set of pants (regularly $95 each), and suit coat (regularly $215 each). If Mark bought two pairs of pants and two suit coats for a total of $558, what percentage did the store offer for each set purchased?

Option 1: -12%

Option 2: -15%

Option 3: -10%

Option 4: -5%

Reference no: EM132687113

Questions Cloud

Determine the direct labor rate and time variances : Determine the direct labor rate and time variances for the (1) Cutting Department (2) Sewing Department. Interpret your results
What is swifty corporation ending inventory : Swifty Corporation had January 1 inventory of $296000 when it adopted dollar-value LIFO. What is Swifty Corporation's ending inventory?
What sheridan inventory at december is : Sheridan Company adopted the dollar-value LIFO inventory method on December. Using dollar value LIFO, Sheridan's inventory at December 31, 2021 is?
How to change an organization to become effective : How does this new change acceptance attitude impact the overall project and why and How to change an organization to become effective at change management
Find what percentage did store offer for each set purchased : A men's store offered a discount for each purchase of a set of pants, what percentage did the store offer for each set purchased?
Calculate cost performance efficiency to three digits : Calculate cost performance efficiency to three digits. Based on this information, is the project performing better or worse than planned? Explain
Determine the direct labor rate and time variances : Provence Bicycle Company manufactures road bikes. Quantity of direct labor used 650 hrs. Determine the direct labor rate and time variances
Find what is the ending inventory using dollar-value lifo : Assuming the current inventory at end of year prices equals $647000 and the index for the current year is 1.25, what is the ending inventory using dollar-value
Find which fob terms stated on the order acknowledgement : Find Which FOB terms will be stated on the order acknowledgement? ABC Pipe Supply ordered inventory from a PVC pipe manufacturer.

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