Winter Company received quotations from two entities for an item of merchandise as follows:

1. From Company A: List price P500,000, less 20%, 10%, and 10%, FOB shipping point, 2/10, n/30.
2. From Company B: List price P500,000 less 35%, FOB shipping point. 2/10, n/30
3. 
   
4. Required
5. For each quotation, compute the invoice amount and the amount to be paid by the buyer within the discount period.

Answer rating: 100% (QA)

For Company X Invoice amount List Price C1Trade discou... View the full answer