aker's Financial Planners purchased nine new computers for $910 each. It received a 20% discount because it purchased more than ur and an additional 5% discount because it took immediate delivery. Terms of payment were 5/10, n/30. Baker's pays the bill within e cash discount period. How much should the check be? (Do not round intermediate calculations. Round your final answer to the earest cent.) nount $5835.38
aker's Financial Planners purchased nine new computers for $910 each. It received a 20% discount because it purchased more than ur and an additional 5% discount because it took immediate delivery. Terms of payment were 5/10, n/30. Baker's pays the bill within e cash discount period. How much should the check be? (Do not round intermediate calculations. Round your final answer to the earest cent.) nount $5835.38
Chapter1: Financial Statements And Business Decisions
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Baker's Financial Planners purchased nine new computers for $910 each. It received a 20% discount because it purchased more than
four and an additional 5% discount because it took immediate delivery. Terms of payment were 5/10, n/30. Baker's pays the bill within
the cash discount period. How much should the check be? (Do not round intermediate calculations. Round your final answer to the
nearest cent.)
Amount
$ 5835.38 8
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credit term 5/10 n/30 means that if the payment is made within 10 days from the invoice date ,discount of 5% is given otherwise the normal credit period is 30 days
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