Solution-Compute the amount that lopez company has to pay

Compute the amount that lopez company has to pay

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Reference no: EM132149693

Question - Lopez Company purchased goods with the following terms and details:

Sales price, $5,000

Terms, 1/10, n/30

Date of sale, March 8

Date of payment, March 19

Returns and allowances (before payment), $200

Shipping, FOB Destination, $175, prepaid by seller

Required - Compute the amount that Lopez Company has to pay to the seller for the goods.

Reference no: EM132149693

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Compute the amount that lopez company has to pay

Reference no: EM132149693

Reference no: EM132149693

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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