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Business, 17.07.2020 04:01 tmmackie9261

A company purchased $11,000 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $1,000, was added to the invoice amount. On June 20, it returned $1,600 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals:

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A company purchased $11,000 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping poi...
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