Question
Richardson Company purchased goods with the following terms and details: Sales price, $8,000 Terms, 4/10, n/30 Date of sale, October 9 Date of payment, October
Richardson Company purchased goods with the following terms and details:
Sales price, $8,000 Terms, 4/10, n/30 Date of sale, October 9 Date of payment, October 19 Returns and allowances (before payment), $600 Shipping, FOB Destination, $305, prepaid by seller
Required:
Compute the amount that Richardson Company has to pay to the seller for the goods.
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Strategic Market Management
Authors: David A. Aaker
5th Edition
0471177431, 9780471177432
