1. Dawson Wholesales received an invoice from General Meat Packers for $3587.94 dated November 2 with items 5/15, 2/20, n/30. The new accounts assistant paid $3122.85 on November 18.

How much does the firm owe the meat packers?

2. Nova Electronics found that a computer part was listed at the same suggested retail price in catalogues from two different manufacturers. However, the first catalogue offered discounts of 22% and 8% while the second offered discounts of 16%, 6% and 4%.

Which is the better offer? By what percent less? (2 marks)