Question
On May 16, Talbots of Boston sold Forrest of Los Angeles $7,100 worth of fine clothes. Terms were 5/10 EOM FOB Boston. Talbots agreed to
On May 16, Talbots of Boston sold Forrest of Los Angeles $7,100 worth of fine clothes. Terms were 5/10 EOM FOB Boston. Talbots agreed to prepay the $80 freight. a. If Forrest pays the invoice on June 05, what will Forrest pay
b. If Forrest pays on June 21, what will Forrest pay?
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Financial Management Of Financial Institutions
Authors: George H Hempel
1st Edition
0133159604, 9780133159608
