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Cynthia, the owner of a brewery in Toronto, receives a shipment of barley on June 16, 2014 with an invoice dated June 10, 2014 valued
Cynthia, the owner of a brewery in Toronto, receives a shipment of barley on June 16, 2014 with an invoice dated June 10, 2014 valued at $34,900 and cash discount payment terms 2.5/10, n/30, R.O.G. What cash discount would he receive if the invoice is settled on the following dates?
a. June 23?
Round to the nearest cent
b. June 26?
Round to the nearest cent
c. July 10?
Round to the nearest cent
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