QRB 501 / Week 6 FINAL EXAM (QRB 501 / Week 6 FINAL EXAM)

QRB 501 / Week 6 FINAL EXAM

QRB 501 / Week 6 FINAL EXAM

QRB 501 / Week 6 FINAL EXAM DATE:(9-11-2017) 1. An invoice received from Royal Exporters totaled $638.20, was dated October 10, and offered terms of 1/11 ROG. The shipment was received November 27. If the invoice was paid on December 12, find the net amount due. Round to the nearest cent. a. $631.82 2. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Cost = $4.04; Selling price = $7.12. Find the markup and the rate of markup based on co...

QRB 501 / Week 6 FINAL EXAM DATE:(9-11-2017) 1. An invoice received from Royal Exporters totaled $638.20, was dated October 10, and offered terms of 1/11 ROG. The shipment was received November 27. If the invoice was paid on December 12, find the net amount due. Round to the nearest cent. a. $631.82 2. Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Cost = $4.04; Selling price = $7.12. Find the markup and the rate of markup based on co...