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antoniya [11.8K]
3 years ago
9

Jones of San Diego sold Long of Baton Rouge a video system with a $6,000 list price. Sale terms were 2/10, n/30 FOB San Diego. J

ones agreed to prepay the $35 freight. Assuming Long pays the invoice within the discount period, what does Long pay Jones?
Business
1 answer:
kkurt [141]3 years ago
6 0

Answer:

$4,835

Explanation:

The computation of the payment made by Long is shown below:

= Sale value of video system - discount + freight charges

where,

Discount = Sale value × discount rate

               = $6,000 × 2%

               = $1,200

The other items  values remain the same

Now put all the values to the above formula,

So, the value would be equal to

= $6,000 - $1,200 + $35

= $4,835

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