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. Trade List Price Discount Rate $650.70 33/15/5 Net Price Factor Enter a number. Single Equivalent Discount x Trade Discount x $ Net Price x

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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.
Trade
List Price Discount
Rate
33/15/5
$650.70
Net Price
Factor
Enter a number.
Single
Equivalent
Discount
x
49
Trade
Discount
x
Net Price
x
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. Trade List Price Discount Rate 33/15/5 $650.70 Net Price Factor Enter a number. Single Equivalent Discount x 49 Trade Discount x Net Price x
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