Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. List Price $3.59 Trade Discount Rate 14/10/10 Net Price Factor Single Equivalent Discount $ Trade Discount Net Price

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 3MC: Which of the following numbers represents the discount percentage applied if a customer pays within...
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Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single
equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary.
List Price
$3.59
Trade
Discount
Rate
14/10/10
Net Price
Factor
Single
Equivalent
Discount
$
Trade
Discount
Net Price
Transcribed Image Text:Complete the following table by finding the net price factor, single equivalent discount, trade discount (in dollars), and net price (in dollars). Round the net price factor and single equivalent discount to five decimal places, and the trade discount and net price to the nearest cent, when necessary. List Price $3.59 Trade Discount Rate 14/10/10 Net Price Factor Single Equivalent Discount $ Trade Discount Net Price
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