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The infants, and nursery department receives an invoice for merchandise with a list price value of $10,750. It is dated January 28 and is paid

The infants, and nursery department receives an invoice for merchandise with a list price value of $10,750. It is dated January 28 and is paid on February 25. Terms are 2/10 EOM, FOB store, with trade discounts of 40% and 10%. Anticipation at 6% is not forbidden. The manufacturer prepaid the freight of $125. image text in transcribed
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37. The infants, and nursery department receives an invoice for merchandise with a list price value of $10,750. It is dated Ianuary28 and is paid on Tebruary 25. Terms are 2/10 EOM. TOB store, with trade discounts of 40% and 10%. Anticipation at 6% is not forbidden. The manufacturer prepaid the freight of $125. (a) What is the last date on which a discount may be taken? TBA (b) What is the last date for payment without penalty? TBA (c) What amount should be remitted under the conditions given in this roblem

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