Question: Pallette Manufacturing received an invoice dated May 2 9 with terms 1 / 1 5 , n / 3 0 . The amount stated on
Pallette Manufacturing received an invoice dated May with terms n The amount stated on the invoice was $
a What is the last day for taking the cash discount?
b What is the amount due if the invoice is paid on the last day for taking the discount?
a The last day to take the cash discount is
b The amount due is $ Round to the nearest cent as needed.
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