Ardelle, a tile wholesaler, buys a batch of floor tiles at a list price of 40,000. The supplier grants a trade discount of 10% on the invoice. Ardelle also pays a carrier 1,500 to deliver the batch to its warehouse. The VAT, which is recoverable, amounts to 7,500. Compute the costs of purchase of the batch.
- List price of the batch
- 40,000
- Trade discount rate
- 10 %
- Transport to the warehouse
- 1,500
- Recoverable VAT
- 7,500