Problem

Macy of New York sold Marriott of Chicago office equipment with a $6,000 list price. Sale...

Macy of New York sold Marriott of Chicago office equipment with a $6,000 list price. Sale terms were 3/10, n/30 FOB New York. Macy agreed to prepay the $30 freight. Marriott pays the invoice within the discount period. What does Marriott pay Macy?

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Solutions For Problems in Chapter 7