McClan Paving Buys Asphalt with a List Price of $17,000

question 161

Multiple Choice

McClan Paving buys asphalt with a list price of $17,000. If the supplier extends trade discounts of 42/22/11, find the net price using the complement method.

• A) $3,100.25
• B) $6,844.20
• C) $4,976.37
• D) $,5900.25

---

Definitions:

Product Placement

A marketing strategy where branded products are placed in entertainment media, making them visible to audiences.

Initial Demand

The initial interest or requirement for a product or service when it is first introduced to the market, influencing the success and strategy for new launches.

Radio Advertising

A form of marketing communication that uses radio waves to promote products, services, or ideas to the listening audience.

Cost-Effective Medium

A channel or method that offers the best value for money in terms of reaching a target audience or achieving marketing objectives.