Bigg Stores had net sales of 254,700 for July. They maintain a gross margin of 56 on sales, and ...

Author Question: Bigg Stores had net sales of 254,700 for July. They maintain a gross margin of 56 on sales, and ... (Read 92 times)

Ebrown

Hero Member
Posts: 567

on: Jun 24, 2018

Bigg Stores had net sales of 254,700 for July. They maintain a gross margin of 56 on sales, and estimate their ending inventory for July to be 78,400. What is the amount of goods available for sale?

Question 2

Dents and Dings Auto Body buys paint with a list price of 29,000. If the supplier extends trade discounts of 30/35/20, what is the trade discount amount?
A) 10,566
B) 18,444
C) 17,600
D) 13,250

isabelt_18

Sr. Member
Posts: 342

Reply #1 on: Jun 24, 2018

Answer to Question 1

190,468

Answer to Question 2

B

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Ebrown

Hero Member
Posts: 567

Reply #2 on: Jun 24, 2018

Thank you

isabelt_18

Sr. Member
Posts: 342

Reply #3 on: Jun 24, 2018

No problemo

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Author Question: Bigg Stores had net sales of 254,700 for July. They maintain a gross margin of 56 on sales, and ... (Read 92 times)

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