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Author Question: Brianna Carson purchased some tools with a total cost of 2,475.25 . The invoice was dated March 28 ... (Read 147 times)

bobthebuilder

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on: Jun 24, 2018
Brianna Carson purchased some tools with a total cost of 2,475.25 . The invoice was dated March 28 and the seller gave terms of 2.75/10, net 25 . The discount applies to any amount paid within the discount period. Compute the amount that Brianna should remit to credit her account for 2,00 . . (This problem involves the partial payment of an invoice within the discount period.)

Question 2

Mark and Maria Pharmaceutical Company had net income of 47,00 . and owners' equity of 150,500 . Compute the rate of return on investment. Express your answer as a percentage. (Round answer to two decimal places.)


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ghepp

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Reply #1 on: Jun 24, 2018
Answer to Question 1

100 . - 2.75 = 97.25
2,00 .  0.9725 = 1,945 remittance

Answer to Question 2

32.23


bobthebuilder

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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