I have a few that i can't figure out. They are as follows:
An invoice dated January 15 for merchandise you bought added up to $876. The terms were 3/10, n/60, f.o.b. shipping point. When the goods arrived, you paid freight amounting to $8.50. On January 20 you returned goods billed at $26, and received credit therefore. You paid the bill on January 24. The amount of your check was...
Choices:
815.22
816.00
824.50
850.00
An invoice dated June 6 has the terms 3/5, 2/30, n/60. What is the last day that the retailer can take advantage of the 3% discount?
Choices
June 9
June 11
June 30
July 6
An invoice for $355.75 is dated April 21 and has terms of 4/10, 1/30, n/60. What amount of money is needed to pay this invoice on May 1?
Choices:
320.18
341.52
352.19
355.75
What amount of money is necessary to pay a bill for $658, dated September 21, terms of 3/15, n/60, if it is paid within 15 days of the date of invoice?
Choices
$263.20
$559.30
$638.26
$658.00
2007-12-19
23:14:29
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3 answers
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asked by
beotch1231
1
in
Other - Business & Finance