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Alex Ar [27]
3 years ago
11

Quick depot buys tools from a supplier with an invoice amount of $19,700. the terms of the sale are 15/15, n/30. what is the net

amount due on the order if the bill is paid by the 15th day
Business
1 answer:
romanna [79]3 years ago
5 0
<span>the terms of the sale are 15/15, n/30  indicates that the sales will include a 15% discount if the payment is finished within 15 days.
So, The net value of the payment in the 15th day would be:

$ 19,700 - (15% x $ 19,700)

= $ 19,700 - $ 2955

= $ 16,745</span>
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Answer:

A

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7 0
3 years ago
Non price determinants are held _____ for any given demand curve
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6 0
4 years ago
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Dominik [7]

Answer:

$875

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6 0
4 years ago
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8 0
4 years ago
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