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An invoice dated May 12, terms: 5/10, n/30 for $3000.00 was received by Gilligans Funny Hat Company. Answer the following questions, showing all of your
An invoice dated May 12, terms: 5/10, n/30 for $3000.00 was received by Gilligans Funny Hat Company. Answer the following questions, showing all of your computations. a. What is the last day of the discount period?
b. What is the amount due if the invoice is paid on June 5?
c. What is the amount due if the invoice is paid on May 20
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