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City Cellular purchased $28,900 in cell phones on April 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650.

 a. What is the net amount due if City Cellular sends the manufacturer a partial payment of $5,000 on May 20?

 $

 b. What is the net date?

 Use the full name of the month (e.g., April).

 

 c. If the manufacturer charges a 4 1/2% late fee, how much would City Cellular owe if it did not pay the balance by the net date?

 $

 Nov 20, 2014
 #1
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Please does anyone understand this?

 Nov 21, 2014
 #2
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You posted this question twice.

 

If needed, bump the questions by posting an "answer" on it. Post Something like “Does anyone know how to answer this freaking question?!” That will get some attention.  

 

Here's the answer

 

http://web2.0calc.com/questions/city-cellular-purchased-28-900-in-cell-phones-on-april-25-the-terms-of-sale-were-4-20-3-30-n-60-freight-terms-were-f-o-b-destination_1

 

 

_7UP_

 Nov 21, 2014

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