1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lawyer [7]
3 years ago
6

Atlas Hardware buys power tools with a list price of $25,500. If the supplier offers trade discounts of 10/20/5, find the trade

discount amount. Use the single equivalent discount for your answer.
Business
1 answer:
ladessa [460]3 years ago
4 0

Answer:

$8058

Explanation:

10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.

In the given case, single equivalent discount would be calculated as follows,

$25,500 × 10% = $2550

Then, ($25,500 - 2550) × 20%= $4590

Then, ($25,500 - 2550 - 4590) × 5% = $918

Single equivalent discount amount = $2550 + 4590 + 918 = $8058

You might be interested in
The Network Time Protocol service can be used to synchronize computer clocks. Explain why, even with this service, no guaranteed
quester [9]

Answer:With unbounded message transmission time, clock differences are necessarily unbounded.

Explanation:Any user of network time protocol service must communicate by means of message passed over a communication channel.If there is a possibilty for bound to be set on time to transmit a message over a communication

channel, then the difference between the client’s clock and the value supplied by the network tiime protocol service would also be

bounded.

4 0
3 years ago
During its 2021 fiscal year, Jacobsen corporation reported before tax income of 620,000
mixer [17]

Income before tax is the income that is before it has been taxed or before applying deduction.

<u>Explanation:</u>

An individual or organization's salary before taxes and deductions is before tax income for that company, organisation or for a single individual.

For singular pay, it is determined as the person's wages or pay, venture and resource gratefulness, and the sum produced using some other wellspring of pay. In an organization, it is determined as incomes less costs.

6 0
3 years ago
If an automobile manufacturer pays $200 for a car windshield, $400 for four car tires, $100 for a car CD player, and sells cars
elena55 [62]

Answer:

$20,000

Explanation:

GDP is the market value of <u>all final goods and </u>

<u>services</u> produced within a country in a given period of time.

The GDP includes only the value of final goods, <em>the value of manufactured automobile in this question</em>, not the value of intermediate goods used in it, <em>the windshield, tires, and others.</em>

Reason: The price of intermediate goods (windshield, tires, CD player) is already included in the final price of $20,000.

Hence, GDP discourage to include these intermediate goods value as it will lead to double counting given that they're already included in final price of $20,000.

3 0
3 years ago
A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structur
alisha [4.7K]

Answer:

WACC= 17.95%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund.

It is calculated using the formula below:

WACC = (We×Ke)  +  (Wd×Kd)

Ke-cost of equity- 22%

We- equity weight- 100% - 45% = 55%

Kd-After tax cost of debt-10.3%

Wd- 45%

After tax cost of debt = Before tax ×× (1- tax rate)

After tax cost of debt = 13%× (1-0.21) = 10.3%

Cost of equity = 22%

WACC =(0.55× 22%) + (0.45× 13%)=17.95%

WACC= 17.95%

4 0
3 years ago
When workers negotiate as a group with employers, they are engaging in ____.
Jlenok [28]

Collective Bargaining

3 0
3 years ago
Other questions:
  • Although the overall unemployment rate during the past recession hovered between 9 and 10%, the unemployment rate for millennial
    7·1 answer
  • During the current year, Sam received interest income from the following investments: $400 from State of Wyoming bonds, $200 fro
    13·1 answer
  • All else being equal, corporations prefer payments it makes to be classified as dividends rather than business expenses. True Fa
    13·1 answer
  • The general ledger of the Fly-Buy-Nite (FBN) Engineering Company contained the following account balances. Construct an income s
    11·1 answer
  • Question:
    9·1 answer
  • You want to write a press release about a free new app you're offering. The app allows people to keep track of what they've eate
    7·1 answer
  • s planning a cruise to Mexico and has a budget for new clothes of $300. The average price for a pair of shoes is $50 while the a
    11·1 answer
  • Soup Inc. has the following budgeted sales: January $60,000, February $80,000, and March $90,000. 40% of the sales are for cash
    14·2 answers
  • Which action is an example of a consumer making a purchase through a direct marketing arrangement?
    8·1 answer
  • high initial costs, licenses, start-up fees and government regulation are all examples of .
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!