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Author Question: A director of accounts received a bill for for a $743, dated October 9, with sales terms 5/10, 3/20, ... (Read 194 times)

penguins

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A director of accounts received a bill for for a $743, dated October 9, with sales terms  5/10, 3/20, n/30 . The bill was paid October 24. Find the cash discount and net amount paid.
◦ Cash discount:  $0; net amount: $743
◦ Cash discount: $74.30; net amount: $668.70
◦ Cash discount:  $22.29; net amount: $720.71
◦ Cash discount:  $37.15; net amount:$705.85


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Marked as best answer by penguins on Feb 26, 2020

lolol

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penguins

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Reply 2 on: Feb 26, 2020
Wow, this really help


skipfourms123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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