Shamin Jewelers sells diamond necklaces for $467.00 less 13%. True Value Jewelers offers the same necklace for $461.00 less 36%, 15%. What additional rate of discount must Shamin offer to meet the competitor's price? The additional rate of discount that Shamin Jewelers must offer to meet the competitor's price is% (Round to two decimal places as needed. Round all intermediate values to six decimal places as needed.)
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- Dazzle Jewelers seils diamond necklaces for $411.00 less 5%. True Value Jewelers offers the same necklace for $598.00 less 40%, 17%. What additional rate of discount must Dazzle offer to meet the competitor's price? The additional rate of discount that Dazzle Jewolers must offer to meet the competitor's price is% (Round to two decimal places as needed Round all intemediate values to six decimal places as needed)A specific model of computer servers are being sold by Company A for $26,900 each, offering trade discounts of 8% and 5% and by Company B for $35,800 each, offering trade discount rates of 13% and 3%. a. Which company offers the servers for a cheaper price? A B b. What further trade discount rate must the company with the higher price provide to match the lower price? 0.00 %ABC company offers an item for RM 300 less 20% whilst XYZ company offers the same item for RM 320 less 40%. Find i. the net prices of the item offered by the two shops. ii. the further discount percentage that must be offered by the shop that sells at a higher net price in order to meet the competitor’s price.
- Your firm purchases goods from its supplier on terms of 2.3/14, net 40. a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 40?. (Round to one decimal place.) b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 50? (Round to one decimal place.)Home Depot wants to buy a new line of fertilizers. Manufacturer A offers a 21/11 chain discount. Manufacturer B offers a 26/10 chain discount. Both manufacturers have the same list price. a. What is the percentage of discount for both manufacturers? (Do not round intermediate calculations. Round your final answers to the nearest hundredth percent.) Percentage of Discount Manufacturer A Manufacturer B es b. What manufacturer should Home Depot buy from? Manufacturer B Manufacturer A Prev 6 of 15 Next > MHome Depot wants to buy a new line of fertilizers. Manufacturer A offers a 21/11 chain discount. Manufacturer B offers a 26/10 chain discount. Both manufacturers have the same list price. a. What is the percentage of discount for both manufacturers? (Do not round intermediate calculations. Round your final answers to the nearest hundredth percent.) X Answer is complete but not entirely correct. Percentage of Discount Manufacturer A 30.00 (X x % Manufacturer B 33.00 X b. What manufacturer should Home Depot buy from? Manufacturer B O Manufacturer A ..... ....
- Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $9,500 with trade discounts of 25/14/6. (a) What is the net price factor? (b) What is the single equivalent discount? (c) What is the amount (in dollars) of the trade discount? (d) What is the net price (in dollars) of the order?Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios listing for $9,500 with trade discounts of 25/14/8. (a)What is the net price factor? (b)What is the single equivalent discount? (c)What is the amount (in dollars) of the trade discount? (d)What is the net price (in dollars) of the order?Verizon offers to sell cellular phones listing for $100.54 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $104.09 with a chain discount of 25/5. If Irene is to buy seven phones, how much could she save if she buys from the lower-priced company? Note: Do not round intermediate calculations. Round all dollar amounts to the nearest hundredth. Round your final answer to the nearest cent. Amount saved
- A firm offers terms of 1/10, net 40. a. What effective annual interest rate does the firm earn when a customer does not take the discount? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What effective annual interest rate does the firm earn if the discount is changed to 2 percent? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. c. What effective annual interest rate does the firm earn if the credit period is increased to 60 days? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. d. What effective annual interest rate does the firm earn if the discount period is increased to 15 days? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. a. Effective annual interest rate b. Effective annual interest…Arrow Manufacturing offers discounts of 31%, 15.5%, 3% on a line of products For how much should an item be listed if it is to be sold for $286 22? The itom should be isted for $ (Round the final answor to the nearest cent as needed. Round all intermediate values to six decimal places as neoded)Verizon offers to sell cellular phones listing for $95.49 with a chain discount of 15/10/5. Cellular Company offers to sell its cellular phones that list at $9799 with a chain discount of 25/5. If Irene is to buy ten phones, how much could she save if she buys from the lower-priced company? (Do not round intermediate calculations. Round all dollar amounts to the nearest hundredth. Round your final answer to the nearest cent.) Answer is complete but not entirely correct. Amount saved 3.72 X