A wholesaler has received an invoice of $15,260 dated August 16, terms 4/10, n/30, for a shipment of leaf blowers that arrived on September 26. a) What is the last day for taking the cash discount? b) What payment must be made during the cash discount period to reduce the debt by $9156?
A wholesaler has received an invoice of $15,260 dated August 16, terms 4/10, n/30, for a shipment of leaf blowers that arrived on September 26. a) What is the last day for taking the cash discount? b) What payment must be made during the cash discount period to reduce the debt by $9156?
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A wholesaler has received an invoice of $15,260 dated August 16, terms 4/10, n/30, for a shipment of leaf blowers that arrived on September 26.
a) What is the last day for taking the cash discount?
b) What payment must be made during the cash discount period to reduce the debt by $9156?
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