Import Exclusives Ltd. received an invoice from Dansk Specialties of Copenhagen with terms 5/20 R.O.G. for the items listed below. 110 teak trays at $36.10 each 30 teak buckets at $65.40 each 40 teak...


Import Exclusives Ltd. received an invoice from Dansk Specialties of Copenhagen with terms 5/20 R.O.G. for the items listed below.<br>110 teak trays at $36.10 each<br>30 teak buckets at $65.40 each<br>40 teak salad bowls at $52.70 each<br>All items are subject to trade discounts of 30,%, 7-%, and 4%.<br>(a) If the shipment was received on April 28, what is the last day of the discount period?<br>(b) What is the amount due if the invoice is paid in full on May 17?<br>(c) If only a partial payment is made on the last day of the discount period, what amount is needed to reduce the outstanding balance to $2100?<br>(a) The last day for taking the cash discount is<br>(Type a whole number.)<br>(b) The amount due is $<br>(Round to the nearest cent as needed.)<br>(c) The amount needed is S.<br>(Round to the nearest cent as needed.)<br>

Extracted text: Import Exclusives Ltd. received an invoice from Dansk Specialties of Copenhagen with terms 5/20 R.O.G. for the items listed below. 110 teak trays at $36.10 each 30 teak buckets at $65.40 each 40 teak salad bowls at $52.70 each All items are subject to trade discounts of 30,%, 7-%, and 4%. (a) If the shipment was received on April 28, what is the last day of the discount period? (b) What is the amount due if the invoice is paid in full on May 17? (c) If only a partial payment is made on the last day of the discount period, what amount is needed to reduce the outstanding balance to $2100? (a) The last day for taking the cash discount is (Type a whole number.) (b) The amount due is $ (Round to the nearest cent as needed.) (c) The amount needed is S. (Round to the nearest cent as needed.)

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here