Homework Clinic
Social Science Clinic => Business => Topic started by: mckennatimberlake on Feb 26, 2020
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A director of accounts received a bill for $1455, dated July 4, with sales terms 4/10 EOM. Find the cash discount and amount due if the bill was paid August 24.
◦ Cash discount: $14.55; net amount: $1440.45
◦ Cash discount: $58.20; net amount: $1396.80
◦ Cash discount: $0; net amount: $1455
◦ Cash discount: $145.50; net amount: $1309.50
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Cash discount: $0; net amount: $1455