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Merchandise with a total billed cost of $876.48 arrived at the store October 6. Terms of the invoice, dated September 22, were 3/10 ROG, FOB
Merchandise with a total billed cost of $876.48 arrived at the store October 6. Terms of the invoice, dated September 22, were 3/10 ROG, FOB store. transportation charges were $9.82. If the invoice is paid on October 16,how much would be paid?
A vendor who normally sells with a 3% cash discount is asked to sell with an 8% discount. What will be the loaded cost of merchandise normally selling for $968 when the invoice is loaded to allow the 8% discount?
Which is better a better series of discount for the retailer? A or B
A- 40%, 15%, and 5%
B- 30%, 20%, and 10%
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