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

Question 67

Multiple Choice

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 markup, 15 percent for free delivery and hookup, and 10 percent for local advertising and point -of -sale displays. If Sam provides free delivery and hookup, advertises these washers in the Sunday paper and has a prominent display in his store, he will pay the vendor for each washing machine.


A) $255.50
B) $200.75
C) $229.95
D) $195.46

Correct Answer:

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