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 87 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?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

For a complete list of videos, visit our video library