Question: Help please Stacy's Dress Shop received a $1,040 invoice dated August 02 with 3/10, 2/15, n/60 terms. On August 16, Stacy's sent a $267 partial
Help please
Stacy's Dress Shop received a $1,040 invoice dated August 02 with 3/10, 2/15, n/60 terms. On August 16, Stacy's sent a $267 partial payment. (If more than one discount, assume date of last discount) a. What credit should Stacy's receive? (Round your answer to the nearest cent.) Credit $ b. What is Stacy's outstanding balance? (Round your answer to the nearest cent.) Outstanding balance $Step by Step Solution
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