How much must The Funhouse pay PegaBlock after the discount period

timer Asked: Mar 14th, 2014

Question description

 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.


R1.  How much must The Funhouse pay PegaBlock: a.  After the discount period? b.  Within the

discount period?

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