Question
9. A cellular company purchased $26,700 in cell phones on June 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination.
9. A cellular company purchased $26,700 in cell phones on June 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650.
What is the net amount due (in $) if the cellular company sends the manufacturer a partial payment of $6,000 on July 20? (Round your answer to the nearest cent.)
$ _______
(b) What is the net date?
(c)If the manufacturer charges a If the manufacturer charges a 4 1/2% late fee, how much (in $) would the cellular company owe it it did not pay the balance by the net date? (Round your answer to the nearest cent.)
$________
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