Melissa, of Melissa's Lawn and Landscaping Service, needs to replace her mowers. She has ordered four new gas mowers, at $499 each, and a negotiated Trade
Discount Rate of 9%, with terms of 2/10 EOM, and FOB Shipping Point. The
seller has agreed to prepay the shipping charge of $80, which is not included in the
invoice amount. The invoice from the manufacturer is dated July 26.
Determine:
A)
By what date does Melissa have to pay in order to be able to take the cash
discount?
B)
What is the payment amount assuming that Melissa pays before the end of
the discount period?

A) 10th of August

B) $1780.03

Step-by-step explanation:

A) From the payment terms of 2/10 EOM, Melissa is to receive a 2% discount if she pays within 10 days from the end of the month

From the date on the invoice, July 26, the date at which Melissa has to pay to take the cash discount is before the 10th of August

B) The payment amount will be 2% off the original payment amount

The total cost of the four new gas mowers less the trade discount = 499 × 4 × (100 - 9)/100 =$1816.36

The 2% discount will then be $1816.36 × (100 - 2)/100 = $1780.03

The payment amount assuming Melissa pays before the end of the discount period = $1780.03.

54 km / hours

step-by-step explanation:

we need to convert seconds to hours

60 seconds = 1 minutes

60 minutes = 1hour

15 m         60 second   60 minutes

  * *         = 54000 meters/ hour

second     1 minute             1 hour

now we need to convert meters to km

1000 m = 1 km

54000 m       1 km

*   = 54 km / hours

hour               1000m

none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

tap for more

m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0