A $30,000.00 invoice indicating a string discount of 30, 20, and 5 would,assuming all discounts are taken, give the producer a net selling price ofSelect one:a. $21,000.00.b. $16,800.00.c. $15,960.00.d. $13,500.00

in this we have to calculate cumulative discount and find out net price.

Answered: A $30,000.00 invoice indicating a…

A $30,000.00 invoice indicating a string assuming all discounts are taken, give th Select one: a. $21,000.00. b. $16,800.00. c. $15,960.00. d. $13,500.00

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter16: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 8P: Captain Whitman Ship Supplies offers terms of 3/15, net 45. If a purchaser takes the discount and...

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Question

A $30,000.00 invoice indicating a string discount of 30, 20, and 5 would,
assuming all discounts are taken, give the producer a net selling price of
Select one:
a. $21,000.00.
b. $16,800.00.
c. $15,960.00.
d. $13,500.00

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