Homework Answers
Solution a:
Last day of invoice payment = 5 June + 30 days = 5 July
Amount to be paid = ($2,500*10)*85%*95% + $250 = $20,437.50
Add Answer to:
1. Smith Co. has received an invoice dated June 5 for 10 surfboards with a list...
Spring Appliances received an invoice dated June 16 with terms 2/10 E.O.M. for the items listed...
Spring Appliances received an invoice dated June 16 with terms 2/10 E.O.M. for the items listed below. 6 refrigerators at $1000 each less 20% and 4% 4 dishwashers at $799 each less 16,5 %, 12.5%, and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment...
Sierra Stone Ltd, received an invoice dated June 12 with terms 2/10, 1/30. The amount stated...
Sierra Stone Ltd, received an invoice dated June 12 with terms 2/10, 1/30. The amount stated on the invoice was $2208.00. (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate...
Pallette Manufacturing received an invoice dated June 13 with terms 2/10,n/30. The amount stated on the...
Pallette Manufacturing received an invoice dated June 13 with terms 2/10,n/30. The amount stated on the invoice was $4833.00. (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed Round all intermediate values to...
Sandown Appliances received an invoice dated October 19 with terms 2/10 E.O.M. for the items listed...
Sandown Appliances received an invoice dated October 19 with terms 2/10 E.O.M. for the items listed below. 4 refrigerators at $930 each less 20% and 4% 5 dishwashers at $687 each less 16 %, 12.8%, and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment...
IULIU U PILL This Question: 2 pls Sellane Appliances received an invoice dated January 17 with...
IULIU U PILL This Question: 2 pls Sellane Appliances received an invoice dated January 17 with terms 3/10 E.OM for the items listed below 6 refrigerators at $1000 each less 30% and 6% 2 4 dishwashers at $674 each less 162 % 127% and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount...
Bay Street Vending received an invoice dated August 5 with terms 4/10, 1/30. The amount stated...
Bay Street Vending received an invoice dated August 5 with terms 4/10, 1/30. The amount stated on the invoice was $3165.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is (Round the final answer to the nearest cent as needed. Round all intermediate values...
Sierra Stone Ltd. received an invoice dated March 9 with terms 3/10, 1/30. The amount stated...
Sierra Stone Ltd. received an invoice dated March 9 with terms 3/10, 1/30. The amount stated on the invoice was $4603.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due iss (Round the final answer to the nearest cent as needed. Round all intermediate values...
Gazelle Corporation received an invoice dated November 13 with terms 2/10,n/30. The amount stated on the...
Gazelle Corporation received an invoice dated November 13 with terms 2/10,n/30. The amount stated on the invoice was $2908.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to...
(CO 6) Sunrise has received an invoice for medical supplies for $5,000 with terms of a...
(CO 6) Sunrise has received an invoice for medical supplies for $5,000 with terms of a 3% discount if paid within 10 days. The invoice is due on the thirtieth day. What is the annual effective cost of interest on this invoice?
NewTech Medical Devices is a medical devices wholesaler that commenced business on June 1, 2019. NewTech...
NewTech Medical Devices is a medical devices wholesaler that commenced business on June 1, 2019. NewTech Medical Devices purchases merchandise for cash and on open account. In June 2019, NewTech Medical Devices engaged in the following purchasing and cash payment activities: DATE TRANSACTIONS 2019 June 1 Issued Check 101 to purchase merchandise, $2,700. 3 Purchased merchandise for $2,100 from BioCenter Inc., Invoice 606; terms 3/10, n/30. 5 Purchased merchandise for $4,050, plus a freight charge of $100, from New Concepts...
Spring Appliances received an invoice dated June 16 with terms 2/10 E.O.M. for the items listed below. 6 refrigerators at $1000 each less 20% and 4% 4 dishwashers at $799 each less 16,5 %, 12.5%, and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment...
Sierra Stone Ltd, received an invoice dated June 12 with terms 2/10, 1/30. The amount stated on the invoice was $2208.00. (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate...
Pallette Manufacturing received an invoice dated June 13 with terms 2/10,n/30. The amount stated on the invoice was $4833.00. (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed Round all intermediate values to...
Sandown Appliances received an invoice dated October 19 with terms 2/10 E.O.M. for the items listed below. 4 refrigerators at $930 each less 20% and 4% 5 dishwashers at $687 each less 16 %, 12.8%, and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment...
IULIU U PILL This Question: 2 pls Sellane Appliances received an invoice dated January 17 with terms 3/10 E.OM for the items listed below 6 refrigerators at $1000 each less 30% and 6% 2 4 dishwashers at $674 each less 162 % 127% and 5% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount...
Bay Street Vending received an invoice dated August 5 with terms 4/10, 1/30. The amount stated on the invoice was $3165.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is (Round the final answer to the nearest cent as needed. Round all intermediate values...
Sierra Stone Ltd. received an invoice dated March 9 with terms 3/10, 1/30. The amount stated on the invoice was $4603.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due iss (Round the final answer to the nearest cent as needed. Round all intermediate values...
Gazelle Corporation received an invoice dated November 13 with terms 2/10,n/30. The amount stated on the invoice was $2908.00 (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to...
Most questions answered within 3 hours.
-
A 5-year Treasury bond has a 4.95% yield. A 10-year Treasury
bond yields 6.6%, and a...
asked 2 minutes ago -
Calculate the grams of carbon in 9.32 x 10+23 molecules of
benzene (C6H6).
asked 5 minutes ago -
At the beginning of the unit, you were asked whether you thought
it was appropriate or...
asked 10 minutes ago -
suppose you own a chain of five restaurants in
downtown Vancouver. as the manager, you want...
asked 23 minutes ago -
Here are summary statistics for randomly selected weights of
newborn​ girls:
nequals=225x overbarxequals=28.7hg, sequals=7.5hg. Construct a...
asked 26 minutes ago -
Q) Simplify the following functions and implement them with two-
level NAND gate circuits:
a) F(A,B,C,D)=...
asked 25 minutes ago -
If you could afford exactly 6 apples and 14 bananas, or 10
apples and 6 bananas,...
asked 40 minutes ago -
Write functions squareByValue,
squareByRef, squareByPointer that find the square of an integer, in
three different ways:...
asked 35 minutes ago -
Find the P - value for the test statistic ?=2.74z=2.74
for the following null and alternative...
asked 41 minutes ago -
An software company has three different promotion plans for
its software purchase:
plan A: each software...
asked 1 hour ago -
If
P(A)=.62, P(B)=.47, & P(A or B)=.88. What is the likeliness of
selecting only A?
A)...
asked 59 minutes ago -
What is the FUTURE VALUE of $500 invested for 3 years at 7% with
ANNUAL Compounding...
asked 1 hour ago