Summer Appliances received an invoice dated June 10 with terms 3/10 E.O.M. for the items listed...

Transcribed Image Text:

Summer Appliances received an invoice dated June 10 with terms 3/10 E.O.M. for the items listed below. 6 refrigerators at $960 each less 30% and 6% 1 4 dishwashers at $697 each less 16-%, 12.9%, and 5% 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 $1800 remains outstanding on the invoice? (a) The last day for taking the cash discount is (Type a whole number.) (b) The amount due is $ (Round to the nearest cent as needed.) (c) The cash discount is $ (Round to the nearest cent as needed.) Summer Appliances received an invoice dated June 10 with terms 3/10 E.O.M. for the items listed below. 6 refrigerators at $960 each less 30% and 6% 1 4 dishwashers at $697 each less 16-%, 12.9%, and 5% 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 $1800 remains outstanding on the invoice? (a) The last day for taking the cash discount is (Type a whole number.) (b) The amount due is $ (Round to the nearest cent as needed.) (c) The cash discount is $ (Round to the nearest cent as needed.)

Answer rating: 100% (QA)

To calculate the answers we need to understand the terms mentioned in the invoice 310 EOM means that ... View the full answer