A distributor has received an invoice of $7,040 dated November 17, terms 6/15, n/30 EOM, for a shipment of lawn mowers t
Posted: Mon Jul 11, 2022 12:05 pm
A distributor has received an invoice of $7,040 dated November 17, terms 6/15, n/30 EOM, for a shipment of lawn mowers that arrived on December 24. a) What is the last day for taking the cash discount? b) How much is to be paid if the discount is taken? $