A company that makes optical computer input
devices has calculated their revenue and costs as
follows for the most recent fiscal period:
Sales $
Costs:
What is the breakeven point in sales dollars?
A $
B $
C $
D $
E $
Shahnaz Ltd received an invoice dated
November from Wallis Specialties of Germany
with terms for:
vases at $ each;
figurines at $ each;
glass flutes at $ each.
All items are subject to trade discounts of
a What is the last day of the discount period?
b What is the amount due if the invoice is paid in full
on December
c If only a partial payment is made on the last day of
the discount period, what amount is due to reduce the
outstanding balance to $
