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Levin Furniture buys a living room set with a $4,000 list price and a 55% trade discount.Freight (FOB shipping point) of $50 is not part of the list price. What is the delivered price(including freight) of the living room set, assuming a cash discount of 2/10, n/30, ROG? Theinvoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April25. Ans:List price = $4000Trade Discount = 55%Net Price = $4000*(1-.55) =$1800As Levin paid the invoice within 10 days of ROG, hence he will get 2% discount.So net invoice amount = $1800*(1-.02) =$1764Freight amount = $50Delivered price = $50 + $1764 = $181430. Royal Furniture bought a sofa for $800. The sofa had a $1,400 list price. What was the tradediscount rate Royal received? Round to the nearest hundredth percent.
write two paragraphs answering the question below.many people feel the fed which is largely independent of congress and
Compare and contrast how production analysis is carried out and be able to evaluate production situations using economy of scale, elasticity and other analytic tools.
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