A local Sports Authority ordered 40 pairs of tennis shoes from Nike Corporation. The shoes were priced at $75 for each pair with the following terms: 5/10, 3/30, n/60. The invoice was dated October 15. Sports Authority sent in a payment on October 28. What should have been the amount of the check? (Do not round intermediate calculation.) Amount of the check

A local Sports Authority ordered 40 pairs of tennis shoes from Nike Corporation. The shoes were priced at $75 for each pair with the following terms: 5/10, 3/30, n/60. The invoice was dated October 15. Sports Authority sent in a payment on October 28. What should have been the amount of the check? (Do not round intermediate calculation.) Amount of the check

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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33. subject:- Accounting
Saved A local Sports Authority ordered 50 pairs of tennis shoes from Nike Corporation. The shoes were priced at $85 for each palf with the following terms: 4/10, 2/30, n/60. The invoice was dated October 15. Sports Authority sent in a payment on October 28 What shsuld have been the amount of the check? (Do not round intermediate calculation.) Amount of the check 50 Mc Graw Hill 298 14 F3 17 & @ %23 %24 % 6. 8. 2 4 T. Q W F A S C V command MOSISO and
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