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April 18, 2014

Homework Help: Business math

Posted by Sandra on Wednesday, January 24, 2007 at 7:43pm.

Tod's Furniture buys a living room set with a $4000 list price and a 55% trade discount. Freight (FOB shipping point) of $50 is not part of the list price. What is the delivered price(including freight) of the living room set , assuming a cash discount of 2/10,n/30,ROG? The invoice had an April 8 date. Tod recieved the goods on April 19 and paid the invoice on April 25.

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