5 Winter Company received quotations from two entities for an item of merchandise as follows: From Company A: List price P500, 000, less XXXXXXXXXX, FOB Shipping point, 2/10, n/30 From Company B: List...

5

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

From Company
A: List price P500, 000, less 20-10-10,

FOB Shipping point, 2/10, n/30

From Company B: List price P500, 000, less 35%,

FOB shipping point, 2/10, n/30

Required:

For each quotation, compute the invoice amount and the amount to be paid by the buyer within

the discount period

Sep 02, 2022

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