1) Skis are listed by a manufacturer for $880, less trade discounts of 30% and...
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Accounting
1) Skis are listed by a manufacturer for $880, less trade discounts of 30% and 18%. What further rate of discount should be given to bring the net price to $449?
2) The net price of an item after trade discounts of 38.00%, 14.00%, and 3.50% is $2,640.00
a. Calculate the regular selling price of the goods.
b. Calculate the equivalent discount rate of the series of discount rates.
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