February 25, 2017

Homework Help: business and finance

Posted by maria on Monday, August 13, 2012 at 12:49pm.

Mel’s Furniture received an invoice dated September 27
for five bedroom sets at $3,000 each. The invoice indicated
a trade discount of 5/8/3. The seller of the furniture
prepaid the freight of $200. Terms were 2/10 EOM.
Assuming Mel pays on November 2, what amount would
be paid? (Be sure to include the freight cost.)

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