A local electronics store purchased some computers 90 days ago for $2172 less discounts of...
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Accounting
A local electronics store purchased some computers 90 days ago for $2172 less discounts of 11% and then 24% purchasing the computers management marked up the computers 31% of cost for overhead and 23% of cost for profit. During a sale, the manager has decided to discount the computers at 32% off the store's normal selling price. Answer the following questions on a sheet of paper and submit your work for marks: 1. What was the net price of the computers? 2. What was the regular selling price of the computers? 3. What is the ROMU? 4. What is the GPM? 5. What is the sale price of the computers? NOTE: Don't forget the appropriate units. Answer: Net Price = Selling Price ROMU = GPM = Sale Price = A local electronics store purchased some computers 90 days ago for $2172 less discounts of 11% and then 24%. After purchasing the computers, management marked up the computers 31% of cost for overhead and 23% of cost for profit. During a sale, the manager has decided to discount the computers at 32% off the store's normal selling price. Answer the following questions on a sheet of paper and submit your work for marks: 1. What was the net price of the computers? 2. What was the regular selling price of the computers? 3. What is the ROMU? 4. What is the GPM? 5. What is the sale price of the computers? NOTE: Don't forget the appropriate units. Answer: Net Price = Selling Price = ROMU GPM = Sale Price =


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