4) Sara received an invoice for $9,500 that had payment terms of 5/15, n/30. She made...
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4) Sara received an invoice for $9,500 that had payment terms of 5/15, n/30. She made a partial payment of $4,750 during the discount period. a. Calculate the amount credited. b. Calculate the balance on the invoice after the partial payment was made. 5) Complex Simplicity Inc. paid a net price of $234,500 for a shipment of bulk microprocessors. The trade discount offered was 15%. a. Calculate the list price of the shipment. b. Calculate the dollar amount of the discount. 4) Sara received an invoice for $9,500 that had payment terms of 5/15, n/30. She made a partial payment of $4,750 during the discount period. a. Calculate the amount credited. b. Calculate the balance on the invoice after the partial payment was made. 5) Complex Simplicity Inc. paid a net price of $234,500 for a shipment of bulk microprocessors. The trade discount offered was 15%. a. Calculate the list price of the shipment. b. Calculate the dollar amount of the discount.
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Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Posted Date:
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