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Bess [88]
3 years ago
8

Medeco sold goods for $100 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/1

0,n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?
Business
1 answer:
larisa86 [58]3 years ago
5 0

Answer: $74.25

Explanation:

Sale price of goods = $100

Worth of returned goods = $25

Term of sale = 1/10, n/30

Price if customer pays within the discount period equals :

Term of sale: 1% discount on price if the amount owed is paid within 10 days, else full amount is due in 30 days.

Actual price of goods purchased :

Goods purchased - worth of return

$100 - $25 = $75

Discount on price = 1% of $75

(1/ 100) × $75

0.01 × $75 = $0.75

Amount customer should pay:

$75 - $0.75 = $74.25

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On Harvard Business News it explained this connection on strategic management, it links all the strategies and complexities in the business. Because of the diversity and continuous change in business schemes and application, there is a need to merge everything and all the phases that occurred in the business. The aim of strategic management is to simplify everything and make it individualized and cater the clients on the services or products it has.
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Answer:

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Explanation:

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Answer:

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