Practical Business Math Procedures Chapter 7 Challenge...

Challenge Problems 7-49 I. Given a) Honda Insight Original Price $17,995.00 b) Honda Insight Dealer Price $16,495.00 c) Terms: 1/15 n/30 II. Unknown a. How much is the rebate? b. What percent is the rebate? c. What is the amount of the discount if the dealer pays within 15 days? d. What is the dealer’s final price? e. What is the dealer’s total savings? III. Equation a. Rebate = Original Price – Dealer Price b. % Rebate = (Rebate / Original Price) x 100% IV. Solving and Solution a. Rebate = Original Price – Dealer Price = $17995.00 – $16495.00 = $1,500.00 rebate b. % Rebate = (Rebate / Original Price) x 100% = ($1500.00 / $174995.00) x 100% = 8.34% rebate c. 15day discount = Dealer Price x Discount =†¦show more content†¦Net Price = list price – trade discount amount = $300.00 - $15.00 = $285.00 6. Lee Company bought computer equipment - $7000.00, terms 4/10, n/30, FOB shipping point ïÆ' ° Discounted price = List Price x (1-Discount) = $7000 x (100%-4%) = $7000 x 96% = $6720.00 Discounted price ïÆ' ° Final Payment = Discounted Price + FOB Shipping Point = $6720.00 + $400.00 = $7120.00 total payment 7. Which manufacturer should Julie buyShow MoreRelatedStudy Od Recruitment and Selection Process5604 Words   |  23 PagesExecutive Summary TITLE: â€Å"Study of recruitment and selection procedure† Duration: 2 months. Company: Young Grow. This is a project about the study of recruitment procedure and selection procedure carried out at young grow group of companies and to learn about the different processes used for recruitment. OBJECTIVE: The main objective was to study the recruitment procedure and know the various sources of recruitment used. The objective was also to study the selection process and to learnRead MoreFactors Affecting the Low Performance in National Achievement Test of Grade 6 Pupils6433 Words   |  26 PagesElementary Math Facts Basic Fact Philosophy It is important that students are able to recall basic math facts fluently so that they can attain higher-order math skills.   Research has shown that if students develop automaticity with their math facts, they can focus on solving problems rather than the basic facts involved in the task.   Mastery of basic facts means that a child can give a quick response (in about 3 seconds) without resorting to non-efficient means, such as counting. All children areRead MoreFactors Affecting the Decision of Graduating High School Students in Choosing a College Course8091 Words   |  33 PagesCHAPTER 1 The Problem and its Background Introduction Graduating high school is a time where young adults venture into the world of grown-ups. Several students try to get into college and choose a course wherein they could learn something related to a career they want. Most of the time, it determines the profession that a student will undertake in the future. Choosing a course carefully is an important aspect which will give conclusion to a student’s academic endeavor. The researchersRead MoreProject Mgmt296381 Words   |  1186 PagesCross Reference of Project Management Body of Knowledge (PMBOK) Concepts to Text Topics Chapter 1 Modern Project Management Chapter 8 Scheduling resources and cost 1.2 Project defined 1.3 Project management defined 1.4 Projects and programs (.2) 2.1 The project life cycle (.2.3) App. G.1 The project manager App. G.7 Political and social environments F.1 Integration of project management processes [3.1] 6.5.2 Setting a schedule baseline [8.1.4] 6.5.3.1 Setting a resource schedule 6.5.2.4 ResourceRead MoreSkills Needed to Be an Effective Manager8864 Words   |  36 PagesCHAPTER I The Problem and Its Background Introduction This chapter discussed the awareness of the students of Arellano University Jose Abad Santos Campus in regards to the skills needed to become an effective manager, it emphasizes the technical, human and conceptual skills that has more important to the managers to manage a certain department. Hospitality Industry is broad and diverse; organizations within it share some things in common. One is the need for staff members with a varietyRead MoreEssay on Creativity in Education9422 Words   |  38 Pagesand Enjoyment DfES 2003 (page 31) What is creativity? Creativity is often associated with the ‘creative arts’ but in reality it is certainly not unique to the arts. It can be seen and identified in all aspects of the arts, humanities, sciences, maths and technology. The National Curriculum Handbook (1999) included creativity within the section on thinking skills. It stated that: ‘Creative thinking skills... enable pupils to generate and extend ideas, to suggest hypotheses, to apply imaginationRead MoreInternship Report on Ztbl20418 Words   |  82 PagesZarai Taraqiati Bank Ltd. Chapter 1 Introduction to Report CHAPTER 1 â€Å"INTRODUCTION TO REPORT† 1.1 BACKGROUND OF STUDY The Zarai Taraqiati Bank Limited is the premier financial institution geared towards the development of agriculture sector by providing financial products and services to their customers. It is a common practice at universities during the completion of the masters and bachelors program to attain practical experience in different fields. Students are required to undergoRead MoreFundamentals of Hrm263904 Words   |  1056 PagesThis online teaching and learning environment integrates the entire digital textbook with the most effective instructor and student resources With WileyPLUS: Students achieve concept mastery in a rich, structured environment that’s available 24/7 Instructors personalize and manage their course more effectively with assessment, assignments, grade tracking, and more manage time better study smarter save money From multiple study paths, to self-assessment, to a wealth of interactive visualRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesmymanagementlab is an online assessment and preparation solution for courses in Principles of Management, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Read MoreHigh School Student Essay20272 Words   |  82 PagesStudents Chapter 3 Learner Diversity: Differences in Today’s Students Chapter 4 Changes in American Society: Their Influences on Today’s Schools ISBN: 0-536-29980-3 Introduction to Teaching: Becoming a Professional, Second Edition, by Donald Kauchak and Paul Eggen Published by Prentice-Hall/Merrill. Copyright  © 2005 by Pearson Education, Inc. ISBN: 0-536-29980-3 Introduction to Teaching: Becoming a Professional, Second Edition, by Donald Kauchak and Paul Eggen Published by Prentice-Hall/Merrill