Sam's Discount Appliance Company just received a shipment of 30 washing machines. The
invoice list price for each washing machine is $365.
The manufacturer's catalogue indicates that
Sam can take the following discounts: 30/15/10 with 30 percent being the normal markup, 15
percent for free delivery and hookup, and 10 percent for local advertising and point-of-sale
displays. If Sam advertises these washers in the Sunday paper and has a prominent display in
his store, but charges $50 for delivery and setup, he will pay the vendor ________ for each
washing machine.
A) $219.00 B) $255.50 C) $217.18 D) $229.95
D
You might also like to view...
Consumers are generally willing to make more effort than usual to buy specialty products
Indicate whether the statement is true or false
The company description in a business plan should ________
A) identify the form of your business and its business type B) discuss market characteristics, trends, projected growth, and barriers to entry C) explain how the product or service you are providing will benefit customers D) explain specifically how you will run your business
The cash flow pattern depicted is associated with a capital investment and may be characterized as ________. (See Table 10.2)
A) an annuity and a conventional cash flow B) a mixed stream and a nonconventional cash flow C) an annuity and a nonconventional cash flow D) a mixed stream and a conventional cash flow
Pick the advantage of a certificates of deposit from this list of possibilities
A) The interest paid is compounded daily. B) Early withdrawals after 30 days do not incur a penalty. C) Interest rates are generally higher than typical savings accounts. D) They earn the APY and not the APR.