1) The invoice date is August 1. The terms are 5/10 EOM. What is the cash discount being offered? What is the last day to take the discount? (Lesson 5) a) 5%; August 10 b) 5%; August 11 c) 5%; September 10 d) 5%; September 11
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- 2) Complete the table. (Lesson 5) Invoice Terms Last Date Last Date Date Net Price Cash Cash Price Date to Take to Pay Invoice Paid Discount Discount March 11 5/10 EOM Jan. 2 S5986) Complete the table. (Lesson 4) Last Date Last Date Date Paid Net Price Cash Discount Invoice Terms Cash Price Date to Take |to Pay Discount Invoice 14-Aug. | 4/15, n/30 30-Aug. $924.60K An invoice is dated June 18 with terms 3/10-50 ex. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is The net payment date is June July ▼ ▼ CHE
- 6. Complete the table. (Lesson 4) Last Date Last Date Date Paid Net Price to Take Discount Invoice Date Terms Cash Discount Cash Price to Pay Invoice May 16 | 2/10, n/30 May 24 $1,296.7510:40 2) Complete the table. (Lesson 5) Invoice Date Last Date Last Date Date to Pay Invoice Terms Net Price Cash Cash Price to Take Discount Paid Discount March I1 S/10 EOM April 2nds5982) Complete the table. (Lesson 5) Invoice Terms Last Date Last Date Date Paid Net Price Cash Cash Price to Take Discount Date to Pay Discount Invoice March 11 5/10 EOM April 2nd $598
- buying and sellingWhat is the total cash discount if an invoice dated March 31 for P 15,000 with a payment terms of 3/20; 1/30; n/60 is paid in full on April 20?An invoice is dated June 17 with terms 3/10-50 ex. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date isAn invoice dated November 25 for $2600 had the terms 3/15, 1.5/30, n/45 E.O.M. What is the last day for taking the 1.5% discount? O A. December 30 O B. December 15 O c. December 10 O D. December 25
- In credit terms of 2/10, n/30 the "2" represents the O A. Number of days in the discount period O B. Full amount of the invoice C. Number of days when the entire amount is due O D. Percent of the cash discountSalim gets an invoice dated September 14th and the good arrives on October 7th. Find the last day he can get the discount if the terms read: 2/10 n/30 ROG. a.October 10 b.September 30 c.September 24 d.October 177. Complete the table. (Lesson 4) |Terms Net Price Complement of cash-discount Invoice Last Date Last Date Date Cash Price to Take Discount to Pay Invoice Date Paid rate Oct 10 4/10, n/30 Oct 20 $248.76