| Case 8.3 Chapter 8 Page 306/307 of your text |
| Text: Business Math, Eleventh Edition |
| Case 8.3 The Artist's Palette |
| Parts 1 and 2 |
| | | Supplier 1 | Supplier 2 |
| | List Price |
| | First Trade Discount % |
| | Second Trade Discount % |
| | Third Trade Discount % |
| | Net Decimal Equivalent |
| | Net Price |
| | Recommendation |
| | | Choose one |
| Part 3 |
| | | Supplier 1 | Supplier 2 |
| | List Price |
| | First Trade Discount % |
| | Second Trade Discount % |
| | Third Trade Discount % |
| | Net Decimal Equivalent |
| | Single Trade Discount |
| | Trade Discount ($) |
| Part 4 |
| | Terms |
| | # of Days to take the discount |
| | Date on invoice |
| | Final Date to take Discount |
| | Invoice Total |
| | Eligible for discount |
| | Cash Discount % |
| | Cash Discount $ |
| | Total Amount Due Sept 26 |
| | Amount saved by paying early |
| Part 5 |
| | Date on Invoice | 9/16/15 |
| | Terms | 2/10, n/30 |
| | No. of days to take advantage of discount |
| | Final Date to Take Discount |
| | Date on Invoice | 9/16/15 |
| | Terms | 2/10, EOM |
| | Was the Date on Invoice before 26th? |
| | End of CURRENT Month |
| | Days Past End of the Month |
| | Final Date to Take Discount |
| | Date on Invoice | 9/26/15 |
| | Terms | 2/10, EOM |
| | Was the Date on Invoice before 26th? |
| | End of NEXT Month |
| | Days Past End of the Month |
| | Final Date to Take Discount |
| | In a minimum of 90 words, explain which one you would recommend. |
| | | Choose one |
| | In a minimum of 90 words, explain why a student would pick the one chosen. |