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Question - On March 8, 2014, Leon's Kitchen Hut bought a set of pots with a $101 list price from Lambert Manufacturing. Leon's receives a 20% trade discount. Terms of the sale were 2/10, n/30. On March 14, Leon's sent a check to Lambert for the pots. Leon's expenses are 22% of the selling price. Leon's must also make a profit of 17% of the selling price. A competitor marked down the same set of pots 15%. Assume Leon's reduces its selling price by 36%.
What is the sale price at Kitchen Hut? (Do not round intermediate calculations. Round your answer to the nearest cent.)
at the beginning of the current period griffey corp. had balances in accounts receivable of 240500 and in allowance for
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Norma's Cat Food of Shell Knob ships cat food throughout the country. Norma has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by two and one-half days.
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