Delta furnishings received an invoice dated may 10 for a shipment of goods received june 21. The invoice was for a $8400.00 less
33 1/3 % and 12 1/2% with terms 3/20, R.O.G. How much must Delta pay on july 9 to reduce its debt (a) by $2000, (b) to $2000?
1 answer:
Answer:
The right solution is:
(a) $1,940
(b) $2,813
Step-by-step explanation:
Given:
Invoice amount
= $8,400
Discount 1
= 33.33%
Discount 2
= 12.5%
So,
The net payable amount will be:
= ![8400\times [1 - \frac{100}{300} ]\times [1 - \frac{12.5}{100} ]](https://tex.z-dn.net/?f=8400%5Ctimes%20%20%5B1%20-%20%5Cfrac%7B100%7D%7B300%7D%20%5D%5Ctimes%20%5B1%20-%20%5Cfrac%7B12.5%7D%7B100%7D%20%5D)
= 
=
($)
Now,
(a)
Amount paid will be:
= 
=
($)
Balance still to be paid will be:
= 
=
($)
(b)
Amount paid will be:
= 
= 
=
($)
Balance still to be paid will be:
=
($)
Thus the above solution is the appropriate one.
You might be interested in
(0,8)+(7,-52) eso es la problema
42 square ft because 4 times 3 is 12 and 10 times 3 is 30. 30+12=42
1,2,4belong on company sources and 3 should be on external information
The answer to this question is B. I hope this helps