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Maplewood Supply received a $5,440 invoice dated 4/15/10. The $5,440 included $340 freight. Terms were 2/10, 1/30, n/60. a. If Maplewood pays the invoice on
Maplewood Supply received a $5,440 invoice dated 4/15/10. The $5,440 included $340 freight. Terms were 2/10, 1/30, n/60. a. If Maplewood pays the invoice on April 27, what will it pay? Invoice amount 5,440.00 Amount eligible for discount Cash discount % Cash discount Amount paid b. If Maplewood pays the invoice on May 21, what will it pay? Invoice amount 5,440.00 Amount eligible for discount Cash discount % Cash discount Amount paid
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