Reference no: EM133050674
Dhillon corporation receives an invoice dated March 20 with terms 2/10 n45. The invoice is for $1,000 less chanined discounts of 20% and 20%. What is the net price that must be paid on the due date?
Use the information from Dhillon corporation above to answer the following question:
a. What is the due date for the invoice?
b. What is the single equivalent discount?
c. If Dhillon corportion sells the product for $1,000, what is the percent markup?
d. The seller has added an additional 3rd discount to bring the total (single equivalent) discount to 45%. Find the size of the third discount.
Dhillon corporation receives an invoice dated March 20 with terms 2/10 n45. The invoice is for $1,000 less chanined discounts of 20% and 20%. What is the net price that must be paid on the due date?
Manraj Dhillon receives an invoice of $1000 with terms 2.0/10, 1/20. If they make a payment of $500 after nine days how much credit will they receive for this payment?
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