A manufacturer offers a suggested list price for a

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142. A manufacturer offers a suggested list price for a cashmere sweater of $250. The trade discount is 40/20/10. What amount does the manufacturer expect to receive for the sweater? calculated as follows: $250 less 40 percent of $100 = $150 is the amount the retailer pays the wholesaler. $150 less 20 percent of $30 = $120 is the amount the wholesaler pays the jobber. $120 less 10 percent of $12 = $108 is the amount the jobber pays the manufacturer. Page: 392-393 Learning Objective: 3
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