Question
A $1000 sale is made on may 1 with terms 2/30, n/60. Items with a $100 selling price are returned on may 3. What amount,
A $1000 sale is made on may 1 with terms 2/30, n/60. Items with a $100 selling price are returned on may 3. What amount, if received on May 9, will be considered payment in full?
$700
$800
$882
$900
(Please explain how you got your answer :)
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Applied Cost Benefit Analysis
Authors: Robert J. Brent
2nd Edition
1843768917, 978-1843768913
