What is the net amount due in dollar

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A cellular company purchased $28,600 in cell phones on September 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650.

Problem (a) What is the net amount due (in $) if the cellular company sends the manufacturer a partial payment of $6,000 on October 20? (Round your answer to the nearest cent.)

Problem (b) What is the net date?

Problem (c) If the manufacturer charges a 4 1/2% late fee, how much (in $) would the cellular company owe if it did not pay the balance by the net date? (Round your answer to the nearest cent.)

Reference no: EM132895986

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