Question

1. Who is the buyer?

2. Who is paying the freight?

3. What is the customer’s order number?

4. What percentage of the goods bought is the cost of the freight?

5. What are the credit terms? What do they mean?

6. How much will the buyer actually have to pay if the money is received within ten

days?

7. What is the dollar amount of the discount?

8. Who receives the discount?

9. What is the due date for payment to get the discount?

10. Why would a seller give a buyer a discount?

Answer 1

its hard

Answer 2

its ok.... ty for trying ^^ i kinda solved half of it...ima try to watch some vids to find out the rest ^^ i have to take quizzes anyway o.e rah

Answer 3

@Joel_the_boss this is how it is in the book :/

Answer 4

sorry im really tired can I answer it tomorrow morning?

Answer 5

ya sure :) i need this like at Oct or so x3 lel
im just trying to finish my classes fast uk

Answer 6

1. C. P. Lund Company
2. C. P. Lund Company

3. No. 320

4. 644 72


5. 2/10, n/30
What do they mean?

6. 644

7. What is the dollar amount of the discount?

8. The buyer

9. What is the due date for payment to get the discount?

10. To attract them


so @Joel_the_boss can you just try to answer 5, 7, 8? n umm check if i answered these right? ty :)

Answer 7

@anwaarullah this one

Answer 8

@perl

Answer 9

interesting question

Answer 10

true true ouo

Answer 11

rah i cant keep up o.e ima faint soon x3 ima go to bed before i do >.<
who solves this will be my hero :')

Answer 12

1....CP LUND CO
2....CP lund co.
3....5384...PO number
4....36.80/644.72*100
5...2/10 when you pay your dues within 10 dyas you gett discount 20% because those money ,,they can use again in bisnness and payment in 30. dyas have no discount bz owner got no benifits
6....644*2/10(20%)=129


7.......129
8......Customer CP Lund co
9.....11 August...as inovice date is 1 augus so after ten days it would be 11 august
10.....becasue its gave owner an advantage to reinvest tht money in business,,,rather hanging out tht money for 30. days ,,,for nothning,,,thts why they practices such things,,,

Answer 13

and our hero is decided <3 lel
@perl x3 he's "the best" xD

Answer 14

@fateal haha, i misspoke there. i didnt realize you had an accounting problem . you asked in the math chat box .

Answer 15

@perl will....i suck at puting things in the right place as uk :')