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a) Company ABC receives an invoice for Kshs 14,000 dated November 9thth with sales terms 2/10 ROG. The items arrive on November 13.
i) What is the amount paid if the bill is paid on November 21st?
ii) What is the amount paid if the bill is paid on December 2nd?
b) The list price of a television set is Kshs 150,000 with a trade discount series of 7/10/5. Calculate the net price of the TV using the net decimal equivalent.
c) Find the net amount paid on an invoice for Kshs 10,968 dated May 26th with terms 1/10 EOM if the invoice is paid on July 7th.
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