Question
1) It's 6/5 and Trilogy, Inc. is ready to pay a $480 bill from their supplier. The bill is dated 5/20 and the terms are
1) It's 6/5 and Trilogy, Inc. is ready to pay a $480 bill from their supplier. The bill is dated 5/20 and the terms are 1%/10, net 30. Their supplier assesses a $10 late charge on any late payments.
How much do they owe?
Select one:
A. $490.00
B. $470.40
C. $480.00
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Cost Accounting Fundamentals Essentials Concepts And Examples
Authors: Steven M. Bragg
7th Edition
1642210846, 978-1642210842
