Thursday
April 17, 2014

Homework Help: Business Finance

Posted by Terrry on Wednesday, January 25, 2012 at 7:01pm.

Morgan company received from Lee Company an invoice dated September 27. Terms were 2/10 EOM. List price on the invoice was $5000(freight not included). Morgan recievves a 9/7 chain discount. Frieght charges are Morgan's responsibility but Lee agreed to prepay the $150 freight charge. Morgan pays the invoice November 9. What does Morgan pay Lee?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - Morgan company received from Lee company an invoice dated September 27....
finance math - Morgan Company received from Lee Company an invoice dated Sep 27...
math - Morgan Company received from Lee Company an invoice dated September 27. ...
Math for business - I am trying to figure this out. I know I am not right. I was...
Accounting - A company has a $150,000 invoice that is due in 60 days with a 2% ...
e-buisness - For this Individual Project you are required to address how a ...
accounting - Y company offers its customers credit of 2/10,n 30. Most customers ...
social study 9 - difference between hudsons bay company and north west company...
business finance - if the break-even point in dollar sales for a company is $...
Business Maths - Leeann Company sold merchandise on credit to Janelle Company ...

Search
Members