What was the final price include cost of freight

Assignment Help International Economics
Reference no: EM13319705

Majestic Manufacturing sold Jordans Furniture a living room set for an $8,500 list price with 35% trade discount. The $100 freight (FOB shipping point) was not part of the list price. Terms were 3/10, n/30 ROG. The invoice date was May 30. Jordans received the goods on July 18 and paid the invoice on July 20. What was the final price (include cost of freight) of the living room set?

Reference no: EM13319705

Questions Cloud

A rope of negligible mass is stretched horizontally between : A rope of negligible mass is stretched horizontally between two supports that are 3.44 m apart. When an object of weight 3160 N is hung at the center of the rope, the rope is observed to sag by 35.0 cm. What is the tension in the rope?
Explain the final concentration of the sodium acetate : What is the final concentration (in molarity) of the sodium acetate and the acetic acid. Prove that the student has correctly calculated the volume of sodium acetate that she needs.
What was the electron''s initial speed : A 2.4mm -diameter sphere is charged to -4.5nC . An electron fired directly at the sphere from far away comes to within 0.32mm of the surface of the target before being reflected. What was the electron's initial speed
Calculate the capacitance of this home-made capacitor : Paper has a dielectric constant of K=3.7. Suppose that a typical sheet of paper has a thickness of .030 mm. Calculate the capacitance of this home-made capacitor
What was the final price include cost of freight : Majestic Manufacturing sold Jordans Furniture a living room set for an $8,500 list price with 35% trade discount. The $100 freight (FOB shipping point) was not part of the list price.
Explain the ph is higher the pka equilibrium : What is the ay4- when edta is at ph of 10.5. is there a special trick when the ph is higher the pka6 equilibrium
Develop a comprehensive ethics policy : Corporate ethics have been the focus of increased attention in recent years. Many companies have looked to their HR team to develop a comprehensive ethics policy.
What is stacy outstanding balance : Stacy's Dress Shop received a $1,050 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Stacy's sent a $242 partial payment. What credit should Stacy's receive? What is Stacy's outstanding balance?
Find the trade discount amount and the net price : The list price of an orange dial Luminox watch is $650. Katz Jewelers receives a trade discount of 30%. Find the trade discount amount and the net price.

Reviews

Write a Review

International Economics Questions & Answers

  Free trade and tax burden

Dicuss and describe the factors that determine who actually bears the burden of a tax increase on a specific goods, such as gasoline, cigarettes, or some other item.

  Limit exports to the united state

In 1981, the United State negotiated a contract with the Japanese. The contract called for Japanese auto firms to limit exports to the United State.

  What are the probs and cons of a greek exit from euro area

Explain why a country with a large primary goverment budget deficit and high government debt can end up in a vicious cricle where government debt tends to increase faster and faster. Use this analyse the current situation in Greece.

  How important is foreign direct investment to south africa

Foreign direct investment (FDI) refers to investments in which the investor retains a long-term interest and some degree of control over the enterprise in which the investment takes place.

  Why french meals are lower in paris than austin

Alex doesn't care about where he lives, but he does care about what he eats. Alex spends all his money on restaurant meals at either American (x_a) or French restaurants (x_f).

  How the german government finances its budget deficit

After World War 1 Germany experienced one ofthe history's most speculator example of hyperinflation. TheGerman government did not pay for the war by taxing people moreheavily. Things got worse at the end of the war.

  Explain the differences between poor and rich countries

Suppose that z' increases and that K increases at the same time. Show that it is possible for the real interest rate to remain constant as a result. What does this say about the model's ability

  How to use supply and demand analysis for manufactures

Using supply and demand analysis for manufactures and assuming Canada is a high priced producer compared to the US, draw the supply and demand curves for Canada and the US as well as the import demand and supply curves assuming free trade

  Will us economy will experience higher labor productivity

It is no secret that U.S. labor productivity accelerated in the second half of the 1990s. The bulk of the spurt can be traced to the boom in investment information technology capital and to the growth in the information technology-producing part o..

  Question about diminishing returns

In 1968 and 1980, the United States economy experienced a slowdown in productivity incremental. However, since the mid 1980s, economy has experienced higher in the growth rate in productivity.

  Money change example problem

As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?

  How the disaster of costa concordia off the coast of italy

In the cruise industry, one third of reservations are booked from january to march. Explain and diagrammatically show how the disaster of the costa concordia off the coast of italy will affect the market for cruises.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd