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answer 1-5 Chapter 5 Homework Submit your answers in CANVAS before it is due Use the following to answer questions 1 - 5 For the
answer 1-5
Chapter 5 Homework Submit your answers in CANVAS before it is due Use the following to answer questions 1 - 5 For the next few weeks AD Agency is offering a 15% trade discount when providing advertising services of $25,000 or more to its customers to encourage customers to buy in bulk. The Agency also offers 2/10,n30 on all credit sales. All credit sales are invoiced on the last day of the month. The Agency provided the following services this month; amounts are shown before trade discounts have been deducted: Designs a $25,000 ad campaign for Customer A-on account - pays in 30 days Designs a $40,000 ad campaign for Customer B-on account-pays within 10 days Designs a $20,000 ad campaign for Customer C-on account pays within 10 days Designs a $10,000 ad campaign for Customer D- received payment last month 1. What amount of revenue should the Agency record for the ad campaign for Customer A? 2. $ What amount of revenue should the Agency record for the ad campaign for Customer B? 3. $ _Customer B pays within 10 days, how much will they pay? $ Determine the Service Revenue for the Agency for this month. > 4. 5. Determine the Agency's Net Service Revenue for the month Step by Step Solution
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