Question: Backyard World buys plastic pools from a supplier with an invoice amount of $19,500. The terms of sale are 5/10, n/30. If the retailer sends
Backyard World buys plastic pools from a supplier with an invoice amount of $19,500. The terms of sale are 5/10, n/30. If the retailer sends a partial payment of $8700 on the discount date, what is the net amount still due?
a. $10,342.11
b. $10,365.00
c. $10,800.00
d. $9315.00
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