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A buyer purchased 360 pairs of jeans with a wholesale cost of $54.00 each. The manufacturer gave the buyer a 4% quantity discount and a
A buyer purchased 360 pairs of jeans with a wholesale cost of $54.00 each. The manufacturer gave the buyer a 4% quantity discount and a 2% seasonal discount. If the vendor invoiced the order on April 5th with terms of 4/12, net 30, how much would the retailer owe the vendor if they paid the bill on April 15th? Shipping cost was $40.00, and the FOB was the retail store.
a.
$18,289.15
b.
$17,557.59
c.
$19,440
d.
$17,597.59
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