Question
Levin Furniture buys a living room set with a $4,600 list price and a 60% trade discount. Freight (FOB shipping point) of $55 is not
Levin Furniture buys a living room set with a $4,600 list price and a 60% trade discount. Freight (FOB shipping point) of $55 is not part of the list price. What is the delivered price (including freight) of the living room set, assuming a cash discount of 5/10, n/30, ROG? The invoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April 25.
Delivered price $
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Emile Woolf On Audit Exemption
Authors: Emile Woolf
1st Edition
0863253911, 978-0863253911
