Question
Hi i'm currently stuck at a little part from the Mr.Fastball case for business 2257, in the case it says, that total sales made up
Hi i'm currently stuck at a little part from the Mr.Fastball case for business 2257, in the case it says, that total sales made up of cash and credit were $610,000 and that we need to multiply by the respective breakdown of 30% for cash, and 70% for credit. However, when i was looking at the answers, it said for gross cash sales the amount was $183,180 but when i tried multiplying 610,000 by 30% i got 183000, so i wanna know how the answer is183,180. (Also here are some other facts: the credit terms extended to customers were 3/10 n/60 (3% discount if paid within 10 days and their full account was due within 60 days), and it also mentions that all cash sales were given a 5% discount.)
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