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-   -   Apple co sells merchandise on credit to zea co in the amount of 8,000. The invoice is (https://www.askmehelpdesk.com/showthread.php?t=673310)

  • Jun 20, 2012, 07:43 PM
    kittykat70
    Apple co sells merchandise on credit to zea co in the amount of 8,000. The invoice is
    Apple co sells merchandise on credit to zea co in the amount of 8,000. The invoice is dated on sept. 15 with terms of 1/15, net45. What is the amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount
    160 sept30
    160sep25
    80sep25
    80sep30
  • Jun 21, 2012, 02:03 PM
    pready
    Your discount is 1% if paid within 15 days of the invoice date.

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