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thanks in advance for your help! Levin Furniture buys a living room set with a $5,000 list price and a 55% trade discount. Freight (FOB
thanks in advance for your help!
Levin Furniture buys a living room set with a $5,000 list price and a 55% trade discount. Freight (FOB shipping point) of $50 is not part of the list price. What is the delivered price (including freight) of the living room set, assuming a cash discount of 4/10, n/30, ROG? The invoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April 25. Delivered priceStep by Step Solution
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