[Answered] Grande Market had net sales of 339,900 for July. They maintain a gross margin of 48 on sales, and ...

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Author Question: Grande Market had net sales of 339,900 for July. They maintain a gross margin of 48 on sales, and ... (Read 131 times)

cartlidgeashley

Hero Member
Posts: 572

on: Jun 24, 2018

Grande Market had net sales of 339,900 for July. They maintain a gross margin of 48 on sales, and estimate their ending inventory for July to be 96,000. What is the amount of goods available for sale?

Question 2

McClan Paving buys asphalt with a list price of 17,000. If the supplier extends trade discounts of 42/22/11, find the net price using the complement method.
A) 3,100.25
B) 6,844.20
C) 4,976.37
D) ,5900.25

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tuate

Sr. Member
Posts: 332

Reply #1 on: Jun 24, 2018

Answer to Question 1

272,748

Answer to Question 2

B

cartlidgeashley

Hero Member
Posts: 572

Reply #2 on: Jun 24, 2018

Thank you

tuate

Sr. Member
Posts: 332

Reply #3 on: Jun 24, 2018

No problemo

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Author Question: Grande Market had net sales of 339,900 for July. They maintain a gross margin of 48 on sales, and ... (Read 131 times)

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