A computer assembly company received a shipment of monitors from its supplier with an invoice of $185,650

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A computer assembly company received a shipment of monitors from its supplier with an invoice of $185,650 dated October 20, 2020 with payment terms 3/10, 2/30, n/45.

a. If the company paid $75,000 on October 30, 2020, what was the remaining balance?

b. What further payment on November 19, 2020 would reduce the balance to $50,000? C. If the invoice is settled with a balance payment on December 04, 2020, what was the total payment for the shipment?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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