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Question 7 One of your suppliers offers terms of 5/20, 6/15, 7/10, net 60. Assume an invoice is dated March 1, 2023. (20 points/ 5
Question 7 One of your suppliers offers terms of 5/20, 6/15, 7/10, net 60. Assume an invoice is dated March 1, 2023. (20 points/ 5 each) a. When does ABC need to pay their bill assuming no discount b. What would the invoice net price be if you paid your invoice March 29? c. What would the net invoice be if you paid the invoice April 16? d. What is the last day you can pay this bill without penalty?
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