The Funhouse, Inc., _Net amount payable

$3.00

Description

2.Suppose The Funhouse, Inc.,
buys $105,900 worth of PegaBlock toys on credit terms of 2/10, n/45. Some of
the goods are damaged in shipment, so Funhouse returns $10,540 of the
merchandise to PegaBlock.

Requirement
R1.How much must The Funhouse pay PegaBlock:

a. After the discount period?

b. Within the discount
period?

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