Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. hackett roofing company is purchasing cedar shingl

Hackett Roofing Company is purchasing cedar shingles to reroof a house. The shingles have a...

60.1K

Verified Solution

Question

Accounting

Hackett Roofing Company is purchasing cedar shingles to reroof a house. The shingles have a list price of $11,800. The Kalman Roofing Supply gives Hackett the normal trade discount of 30%. In addition, Kalman gives Hackett two further trade discounts of 20% and 15% because of the large volume of business that the company has done with Kalman so far this year. What is Hackett's net price on the order of cedar shingles? Use either the discount method or the complement method. Do not round intermediate computations. Round your final answer to the nearest cent.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

Select the correct answer.The vertices of a hyperbola are at (-5, -2) and (-5, 12),...

Medical Sciences
1.2K views

Which phase of gastric secretion is correctly matched with its description? Group of answer choices gastric phase —...

Basic Math
1.2K views

As you leave Clark the sign says Lutherville 145 miles Otisburg 235 miles If the...

Basic Math
1.2K views

10 Given the ratio for csc find the remaining ratios sin 0 cos 0 tan...

Basic Math
1.2K views

2 Let be the plane region bounded below by x y 1 and above by...

Statistics
1.2K views

ccesses Let a success be that someone from the Hawaii plant is in the sample...

Calculus
1.2K views

9 22 Evaluating Logarithms evaluate the expression 9 log 50 log 200 11 log 60...

Accounting
1.2K views

16 --There are 500,000 shares outstanding and I own 10%. We are electing 5 members...

Accounting
1.2K views

What is the situation most likely to require process and technical controls to fulfill roles...

Accounting
1.2K views

The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation...

Finance
1.2K views

Storico Co. just paid a dividend of $2.45 per share. The company will increase its...

Finance
1.2K views

Jane would like to start saving for the college education of newborn, Matthew, who is...