Neil Corp. recently sold a machine to a new customer for $490,000 with terms of 3/10; n/30.
Fantastic news! We've Found the answer you've been seeking!
Question:
Neil Corp. recently sold a machine to a new customer for $490,000 with terms of 3/10; n/30. They are sure the customer will use the discount. They also offer a standard discount for damages during shipping. This discount is only used about 5% of the time and usually costs $9,800. Of course, they are always extra careful packaging orders for new customers. What should McNeil Corp. use as the transaction price for this order?
Related Book For
Posted Date: