This topic contains a solution. Click here to go to the answer

Author Question: Grande Market had net sales of 339,900 for July. They maintain a gross margin of 48 on sales, and ... (Read 111 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tuate

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

272,748

Answer to Question 2

B





 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library