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Import Exclusives Ltd. received an invoice from Dansk Specialties of Copenhagen with terms 5/20 R.O.G. for the items listed below. 90 teak trays at $33.40
Import Exclusives Ltd. received an invoice from Dansk Specialties of Copenhagen with terms 5/20 R.O.G. for the items listed below. 90 teak trays at $33.40 each 30 teak buckets at $65.10 each 40 teak salad bowls at $52.30 each All items are subject to trade discounts of 3531%,721%, and 5% (a) If the shipment was received on June 29 , what is the last day of the discount period? (b) What is the amount due if the invoice is paid in full on July 10? (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 $2100 ? (a) The last day for taking the cash discount is (Type a whole number.)
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