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    wendell winn's Avatar
    wendell winn Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 29, 2012, 07:09 AM
    A dealer buys copying machines from a manufacturer and resells them.
    The manufacturer sets a list or catalogue price of $12,000 for a machines. The manufacturer offers its dealers a 30 percent trade discount.
    The manufacturer sells the machines under terms of FOB shipping point. The cost of shipping is $700.
    The manufacturer offers a sales discount of 2/10,n/30. The sales discount does not apply to shipping costs.
    What is the net cost of the machine to the dealer, assuming it is paid for within ten days of pruchase?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Oct 29, 2012, 07:17 AM
    What do YOU think ?
    While we're happy to HELP we won't do all the work for you.
    Show us what you have done and where you are having problems..
    wendell winn's Avatar
    wendell winn Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Oct 29, 2012, 07:28 AM
    On April 15, spice corporation sold merchandise to chepper inc. for $6,700 on terms of 2/10, n/30. Assume a return of merchandise on April 20, of $850, and payment in full on April 25.
    What is the payment by spice to chepper on April 25?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #4

    Oct 29, 2012, 06:22 PM
    Othe manufacturer sets a list or catalogue price of $12,000 for a machines. The manufacturer offers its dealers a 30 percent trade discount.
    The manufacturer sells the machines under terms of FOB shipping point. The cost of shipping is $700.
    The manufacturer offers a sales discount of 2/10,n/30. The sales discount does not apply to shipping costs.
    What is the net cost of the machine to the dealer, assuming it is paid for within ten days of pruchase?

    Using the principle that you must do some work this is not hard
    ((12000 * (1-0.3)) -((12000* (1-0.3)) * .02) + 700.
    I assume you wanted to answer the question that was asked
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