A buyer for a retail store negotiates discounts of 30%, 15%, and 5% (taken successively) on a certain mattress. If the mattress has in initial price of $904, what price will the buyer actually pay after the discounts are applied? (Round to the nearest cent.)

Q: by Given that: Spot rate 1 month forward 3 month forward £1/$1.6365-1.6385 0.005-0.0047 0.0003 -…

A: We will take the spot rate as provided in the question and we will then solve for the one forward…

Q: Suppose a investor purchases 95 day commercial paper with a par value of $ 1 000 000 for a price of…

A: A Treasury Bill (T-Bill) is a short-term debt obligation supported by the United States Treasury…

Q: Issue No. xxxx of T-Bills is available for sale at a discount of 6.22%. The face value of the bills…

A: Here, Discount Rate is 6.22% Face Value of T-Bill is 75,000,000 Maturity Period is 90 days Note: As…

Q: Kai has $45,186.38 and he wants to buy a $46,000.00 T-bill maturing on March 23, 2021. The annual…

A: Face value of T bill (F) = $46000 Discount yield (r) = 9% Let the days till maturity = n He has…

Q: HVG, LLC paid $12,000 of cash to a real estate company upon signing a lease on 31 December 2005. Th…

A: Prepaid expenditures are a form of asset that arises from upfront payments made by a corporation for…

Q: Fill in the blanks: Problem: Arlene bought Malong worth P56,000 with 5%, 3% trade discounts from…

A: Credit term: Credit term is the time period allowed by the seller to the buyer for making credit…

Q: Steve wishes to buy Pound Sterling spot (at $1.6965) and sell Sterling forward for 180 days (at…

A: Spot rate=$1.6965Forward rate=$1.7399Period=180 daysCalculate forward premium or discount.

Q: A T - bili quote sheet has 120 day T - bill quotes with a 5.02 bid and a 4.98 ask . If the bill has…

A: Given information: T-Bill period : 120 days Bid :5.02% Ask : 4.98% Face Value : $10,000

Q: Calculate the trade discount (in $). Round your answer to the nearest cent.

A: Information Provided: List price = $365 Trade discount rate = 7%

Q: Find the rate of markdown and the markdown. Regular Selling Price $35.10 Rate of Markdown ? Markdown…

A: Markdown is the reduction in regular selling price to sales price. This is the difference between…

Q: You want to buy an item with an original price of $75. If there is a 30% discount, how much can you…

A: Discount means reduction in price of product in order to attract customers. It can be cash discount…

Q: has $45,186.38 and he wants to buy a 5,000.00 T-bill maturing on March 23, 21. The annual discount…

A: In the discount on the T- Bill is interest on the T- bill from that we will get number of days…

Q: Discount rate. Future Bookstore sells books before they are published. Today, they are offering the…

A: As per time value of money concept,

Q: A regional furniture company is offering either a discount equal to twice the state sales tax or…

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: 1. Discount and Net price 1. The 3rd Album of Twice (Formula of Love: O + T= <3) it sells for…

A: Selling price (P) = 15000 Trade discount (d) = 10%

Q: As a consumer, you are always in the lookout for sales, coupons, and rebates. While shopping for new…

A:

Q: Q. 7. Find the complement rates (where none exists, enter an "*") and the net price using the…

A: The amount at which a good or service is sold after deducting all discounts and adding all…

Q: You are given the following information: A 183-day T-bill, face value $100, currently trading at a…

A: A T-Bill is a short-term debt security issued by the Department of the Treasury with maturities…

Q: You would like to purchase a T-bill that has a $20,000 face value and is 309 days from maturity. The…

A: Discount yield = (Par value - current price) / par value  * 360 days / days to maturity

Q: ith a new supplier are 2/10, net 30 If unable to pay within the discount period and pay the cash…

A: Companies gives discount to customers to pay early because that is big cost to the company because…

Q: ch do you pay for a $32.25 item with 7% sales tax on i rice of an item is 672. Now there is a 20%…

A: Note : As per the bartelby guidelines only first part will be answered.  Given information : Quoted…

Q: H. What is the dealer's final price? Note: Round your answer to the nearest cent. Final price e.…

A: CASH DISCOUNT Cash Discount is a reduction in price which is Given by the Buyer to the Seller.…

Q: The current spot rate for USD/GBP is 1.058 - 1.086. If you were to buy £4,799,207 worth of dollars…

A: To calculate how much the dealer would make on your transactions, you need to consider the bid and…

Q: Discount rate. Future Bookstore sells books before they are published. Today, they are offering the…

A: To calculate the discount rate we will use the below formula   Discount rate = (F/P)(1/n)-1 Where F…

Q: Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers thee…

A: Net present value: The difference between the inflow of cash and outflow of cash during the period…

Q: Round your answer to the nearest dollar. Make a 5% offer on a Ford Escort that has a sticker price…

A: Sticker Price = $13,805.28Dealer Cost = $12,962.70Offer Percentage = 5%

Q: The bid and ask quotes for yen are 125-127 yen per dollar. Based on these quotes how many dollars…

A: The term "foreign currency" describes the money used in nations other than one's own. Every nation…

Q: Dazzle Jewelers sells diamond necklaces for $416.00 less 6 %. Starlight Jewelers offers the same…

A: Given in the question are two of the discounted prices of jewellersLet break down the prices and…

Q: You are shopping and see an item that is normally priced for $900 on sale for 45% off. However, you…

A: Given, Normal price of the item = $900, Discount on sale of item 45%, Sale price = normal price-45%…

Q: a. Argo sells maintenance services to various private jet operators. For these, it demands payment…

A: The question is based on the concept of Financial Management.

Q: The collection of a 1200 account after the 2 percent discount period will result in a

A: Lets understand the treatment of collection of 1,200 account after the 2 percent discount period.…

Q: A 2.50% was issued at par, which you now purchase at 2.35%. How much would you expect to pay?

A: To calculate how much would expect to pay for a bond that was issued at a 2.50% coupon rate and is…

Q: Prepare journal entries for Park-n-Shop when a customer purchased $500 goods and chose to take this…

A: It has been given that if a customer chooses to get a $50 voucher on the next purchase then it have…

Q: 1. What are the advantages and disadvantages of offering credit? 2. What precautions should she take…

A: As the student has posted multiple questions and not specified which questions to be answered, the…

Q: Melissa Allen need to take out if she needed $4,500 at 7% for 85/360 days for a simple discount…

A: Answer :Amount = $4500 Rate = 7% Days = 85/360 Maturity value = Amount / 1-(Rate*days)