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A Wholesale Firm Made Sales with the Following List Prices

question 85

Short Answer

A wholesale firm made sales with the following list prices and trade discounts. Calculate the amount the firm will use to record each sale in the sales journal. Show your calculation. Round your answers to the nearest dollar.
A. List price of $2,300 and trade discount of 40 percent.
B. List price of $3,500 and trade discounts of 25 and 15 percent.


Definitions:

Alternatives

Options or choices available in any decision-making situation.

Reinforcement

The process of providing stimuli following responses that increase the frequency of the responses.

Behavior Frequency

The rate at which a specific behavior occurs over a designated period of time.

Anger And Resentment

Emotional states where anger involves strong feelings of displeasure, and resentment holds persistent bitterness against someone or something.

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