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Does the buyer Gonzales qualify for the discount

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Question - Gonzales Company purchased goods from Coleman with the following terms and details.

Sales price, $13,000

Terms, (2/10, n/30)

Date of sale, June 10

Date of payment, June 23

Shipping, FOB Destination, $315, prepaid by seller

Determine if Gonzales, the buyer, qualifies for a cash discount, and who pays for shipping, Gonzales or Coleman.

Does the buyer, Gonzales, qualify for the discount?

Who pays for shipping?

Reference no: EM132615711

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