menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Mathematics
  4. Exam
    Exam 4: Mathematics of Merchandising
  5. Question
    A Payment of $3000 on a $6000 Invoice Qualified for the Larger
Solved

A Payment of $3000 on a $6000 Invoice Qualified for the Larger

Question 44

Question 44

Short Answer

A payment of $3000 on a $6000 invoice qualified for the larger cash discount in 3/10, 1/20, n30. What additional payment 18 days after the invoice date will settle the invoice?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: Calculate the missing values: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate

Q40: A retailer obtains a product at a

Q41: An item was marked up from $24.99

Q42: The net proceeds to the vendor of

Q43: Calculate the missing values: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate

Q45: An invoice for $2678.50 dated April 15

Q46: After discounts of 20% and 10%, an

Q47: On March 26, Silke received an invoice

Q48: What is the break-even selling price?<br>A) $34.50<br>B)

Q49: An invoice for $2365.00 has terms 2/10,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines