Lorenz-Wilhelm Steel receives an order for 3 324 885 from a construction company on 15 August 2013
Question:
Lorenz-Wilhelm Steel receives an order for €3 324 885 from a construction company on 15 August 2013 on terms 3/10, net 30. On 17 August 2013, the customer returns merchandise for €215 300. The customer sends payment via EFT on 25 August 2013. What amount of sales discount is given, if any?
a. €0
b. €93 287.55
c. €99 746.55
d. €332 488.50 LO1.
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