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Spring Appliances received an invoice dated October 11 with terms 3/10 E.O.M. for the items listed below.6 refrigerators at $910 each less 30% and 4%4
Spring Appliances received an invoice dated October 11 with terms 3/10 E.O.M. for the items listed below.6 refrigerators at $910 each less 30% and 4%4 dishwashers at $759 each less 1713%, 12.1%, and 3%
(a) | What is the last day for taking the cash discount? |
(b) | What is the amount due if the invoice is paid on the last day for taking the discount? |
(c) | What is the amount of the cash discount if a partial payment is made such that a balance of $2000 remains outstanding on the invoice? |
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