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Import Exclusives Ltd . received an invoice from Dansk Specialties of Copenhagen with terms 5 / 2 0 R . O . G . for
Import Exclusives Ltd received an invoice from Dansk Specialties of Copenhagen with terms ROG for the items listed below.
teak trays at $ each
teak buckets at $ each
teak salad bowls at $ each
All items are subject to trade discounts of and
a If the shipment was received on June what is the last day of the discount period?
b What is the amount due if the invoice is paid in full on July
c If only a partial payment is made on the last day of the discount period, what amount is needed to reduce the outstanding balance to $
a The last day for taking the cash discount is
Type a whole number.
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