Boeing Truck Company received an invoice showing 12 tires at $114 each, 15 tires at $157 each, and 17 tires at $191 each. Shipping is offered. Assuming Boeing paid 3 10 30 terms are FOB shipping point. Freight is $477; trade discount is; and a cash discount of within the discount period, what did Boeing pay? Note: Round all intermediate calculations to 2 decimal places (the nearest penny) and enter your final answer rounded to 2 decimal places.
Boeing Truck Company received an invoice showing 12 tires at $114 each, 15 tires at $157 each, and 17 tires at $191 each. Shipping is offered. Assuming Boeing paid 3 10 30 terms are FOB shipping point. Freight is $477; trade discount is; and a cash discount of within the discount period, what did Boeing pay? Note: Round all intermediate calculations to 2 decimal places (the nearest penny) and enter your final answer rounded to 2 decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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