Question: On March 30, Century Link recieved an invoice dated March 28 from ACME Manufacturing for 67 televisions at a cost of $150 each. Century recieved
On March 30, Century Link recieved an invoice dated March 28 from ACME Manufacturing for 67 televisions at a cost of $150 each. Century recieved a 15/7/4 chain discount. Shipping terms were FOB shipping point. ACME prepaid the $127 freight. Terms were 2/10 EOM. When Century received the goods, 2 sets were defective. Century returned these sets to ACME. On April 8, Century sent a $195 partial payment. Century will pay the balance on May 6. What is Century's final payment on May 6? Assume no taxes. What is the final payment? On March 30, Century Link recieved an invoice dated March 28 from ACME Manufacturing for 67 televisions at a cost of $150 each. Century recieved a 15/7/4 chain discount. Shipping terms were FOB shipping point. ACME prepaid the $127 freight. Terms were 2/10 EOM. When Century received the goods, 2 sets were defective. Century returned these sets to ACME. On April 8, Century sent a $195 partial payment. Century will pay the balance on May 6. What is Century's final payment on May 6? Assume no taxes. What is the final payment
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