Princess Jewelry, Inc. has contracted to purchase 144 bracelets from a foreign manufacturer. The price of each bracelet is $32. An ad valorem duty of 20% is charged on each bracelet. Compute the duty Princess Jewelry, Inc. will pay for the shipment.

Question

Princess Jewelry, Inc. has contracted to purchase 144 bracelets from a foreign manufacturer. The price of each bracelet is $32. An ad valorem duty of 20% is charged on each bracelet. Compute the duty Princess Jewelry, Inc. will pay for the shipment.​

Quizplus · Accepted Answer

The Answer of Princess Jewelry, Inc. has contracted to purchase 144 bracelets from a foreign manufacturer. The price of each bracelet is $32. An ad valorem duty of 20% is charged on each bracelet. Compute the duty Princess Jewelry, Inc. will pay for the shipment.​