An invoice dated May 15 with trade discount of 40% and 15% has terms of 3/10 n/30. the invoice reads as follow:

how much should be remitted if the invoice is paid on (a) may 25? (b) June 10?

are ihn transit FOB Shi crating and other costs necessary for gettingt ipping (Consolidation) Point The vendor pays Trade Allow Vendor - Individual or firm from vendor Also called a resource or supplier. Wholesale Price- The amount the point where they can be turned over to a transporsln pany. These terms can also be written as "FOB Cons Point." Th the goods to a tion com- olidation e retailer pays transportation costs from the shipping shipping Consolidation point to the store/distribution center y Probl Chapter 4 Summary Problems invoice dated May 15 with trade discounts of 40% and 15 1 The invoice reads as % has terms ot 3/10, n:30 List Price (S) Item Quantity -3172 dozen 2% dozen 176 dozen 2]3 dozen 35.00 each Clutch Bilfold French purse Card case 30.00 each 45.00 each 25.00 each How much should be remitted if the invoice is paid on (a) May 25? tb) June 10? 96 chapter 4