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Compute the amount that sanchez company has to pay

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Sanchez Company purchased goods with the following terms and details:

Sales price, $5,000
Terms, 2/10, n/30
Date of sale, November 2
Date of payment, November 12
Returns and allowances (before payment), $200
Shipping, FOB Shipping Point, $305, prepaid by seller

Compute the amount that Sanchez Company has to pay to the seller for the goods.

Amount that paid is to the seller?

Reference no: EM131815412

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