The Empire Carpet Company orders merchandise for $17,700, including $550 in shipping charges, from Mohawk Carpet Mills on May 4. Carpets valued at $1,390 will be returned because they are damaged. The terms of sale are 2/10, n30 ROG. The shipment arrives on May 26 and Empire wants to take advantage of the cash discount. By what date must Empire pay the invoice? (Points : 2.5)
Using the scenario from the question above, imagine you are the bookkeeper for Empire. How much money will you send to Mohawk? (Points : 2.5) my answer is june 5 and for the second question i came up with 15448.80. what am i doing wrong?
invoice: 17260
returned: 1390
net owed: 15890
two percent: 317.8
net payalble 15572.2
receipt date: 26May
add ten days: June 5 days27, 28, 29, 30, 31, 1, 2,3,4,5