Sam's Discount Appliance Company just received a shipment of 30 washing machines.The invoice list price for each washing machine is $365.The manufacturer's catalogue indicates that Sam can take the following discounts: 30/15/10 with 30 percent being the normal mark up,15 percent for free delivery and hook up,and 10 percent for local advertising and point- of- sale displays.If Sam advertises these washers in the Sunday paper and has a prominent display in his store,but charges $50 for delivery and set up,he will pay the vendor for each washing machine.

Question

Quizplus · Accepted Answer

The Answer of Sam's Discount Appliance Company just received a shipment of 30 washing machines.The invoice list price for each washing machine is $365.The manufacturer's catalogue indicates that Sam can take the following discounts: 30/15/10 with 30 percent being the normal mark up,15 percent for free delivery and hook up,and 10 percent for local advertising and point- of- sale displays.If Sam advertises these washers in the Sunday paper and has a prominent display in his store,but charges $50 for delivery and set up,he will pay the vendor for each washing machine.

Sam's Discount Appliance Company Just Received a Shipment of 30