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Maplewood Supply received a $5,260 invoice dated 4/15/10. The $5,260 included $260 freight. Terms were 2/10, 1/30, n/60. a. If Maplewood pays the invoice on
Maplewood Supply received a $5,260 invoice dated 4/15/10. The $5,260 included $260 freight. Terms were 2/10, 1/30, n/60. a. If Maplewood pays the invoice on April 27, what will it pay? amount elgible for sicount? cash discount %? amoutn paid? b. If Maplewood pays the invoice on May 21, what will it pay? amount elgible for sicount? cash discount %? amount paid?
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