1.

A retailer pays on credit for $650 worth of inventory, terms 3/10, n/40. If the merchandiser pays within the discount window, how much will the retailer remit in cash to the manufacturer?

Group of answer choices

a. $630.50

b. $19.50

c. $650

d. $195

2.)

Which of the following is not a characteristic of FOB Destination?

Group of answer choices

a. The seller pays for shipping.

b. The point of transfer is when the goods leave the sellers place of business.

c. The point of transfer is when the goods arrive at the buyers place of business.

d. The seller owns goods in transit.