On April 8, 2019, Leon’s Kitchen Hut bought a set of pots with a $122 list...
On April 8, 2019, Leon’s Kitchen Hut bought a set of pots with a
$122 list price from Lambert Manufacturing. Leon’s receives a 35%
trade discount. Terms of the sale were 2/10, n/30. On April 14,
Leon’s sent a check to Lambert for the pots. Leon’s expenses are
27% of the selling price. Leon’s must also make a profit of 19% of
the selling price. A competitor marked down the same set of pots
15%. Assume Leon’s reduces its selling price by 24%.
a. What is Kitchen Hut's cost for the
set of pots? (Round your answer to the nearest
cent.)
b. What is Kitchen Hut's original selling price? (Round your answer to the nearest cent.)
c. What is the sale price at Kitchen Hut? (Round your answer to the nearest cent.)
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On April 8, 2019, Leon’s Kitchen Hut bought a set of pots with a
$122 list...
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On July 8, Leon's Kitchen Hut bought a set of pots with a $120 list price from Lambert Manufacturing, Leon's receives a 25% trade discount Terms of the sale were 2/10,n/30. On July 14, Leon's sent a check to Lambert for the pots. Leon's expenses are 20% of the selling price. Leon's must also make a profit of 15% of the selling price. A competitor marked down the same set of pots 30%. Assume Leon's reduces its selling price by...
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Please put it excel spreadsheet format and please provide answers and formula. Thank you. LU 8-2...
Please put it excel spreadsheet format and please provide answers
and formula. Thank you.
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zoom please Peg Gasperoni bought a $50,000 life insurance policy for $340 per year. Ryan Life...
zoom please
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zoom Peg Gasperoni bought a $50,000 life insurance policy for $340 per year. Ryan Life Insurance...
zoom
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On July 8, Leon's Kitchen Hut bought a set of pots with a $120 list price from Lambert Manufacturing, Leon's receives a 25% trade discount Terms of the sale were 2/10,n/30. On July 14, Leon's sent a check to Lambert for the pots. Leon's expenses are 20% of the selling price. Leon's must also make a profit of 15% of the selling price. A competitor marked down the same set of pots 30%. Assume Leon's reduces its selling price by...
DeWitt Company sells a kitchen set for $490. To promote July 4, DeWitt ran the following advertisement: Beginning each hour up to 4 hours we will mark down the kitchen set 11%. At the end of each hour, we will mark up the set 1%. Assume Ingrid Swenson buys the set 1 hour 50 minutes into the sale. a. What will Ingrid pay? (Round your answer to the nearest cent.) Ingrid pays b. What is the markdown percent? (Round your...
Please put it excel spreadsheet format and please provide answers
and formula. Thank you.
LU 8-2 PRACTICE QUIZ ive the followding situations (markups based on selling price). Note numbers 1,2 are parallel problems to those in Practice Quiz 8-1 lowing situatio omplete this Practice Qutz to ee how you are dotng 1. Irene Westing bought a desk for $400 from an office supply house. She plans to sellthe desk for $600. What is Irene's dollar markup? What is her percent...
zoom picture please
Peg Gasperoni bought a $50,000 life insurance policy for $340 per year. Ryan Life Insurance Company sent her the following billing instructions along with a premium plan example: "Your insurance premium notice will be mailed to you in a few days. You may pay the entire premium in full without a finance charge or you may pay the premium in installments after a down payment and the balance in monthly installments of $85. The finance charge will...
zoom please
Peg Gasperoni bought a $50,000 life insurance policy for $340 per year. Ryan Life Insurance Company sent her the following billing instructions along with a premium plan example: "Your insurance premium notice will be mailed to you in a few days. You may pay the entire premium in full without a finance charge or you may pay the premium in installments after a down payment and the balance in monthly installments of $85. The finance charge will be...
zoom
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