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Find the discount date, the due date, and the complement rate. Use the complement method to find the remittance if the required remittance is paid
Find the discount date, the due date, and the complement rate. Use the complement method to find the remittance if the required remittance is paid within the discount period. In an attempt to attract new business customers, an automotive supply store offered terms of 2/10, net 30. On June 15, a car manufacturer purchased materials costing $725.15, which included a $60 freight charge. On June 20, the manufacturer returned materials costing $124.50.
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