SOLUTION: Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,300 list price. Bally dated the invoice August 03 with 2/10 EOM terms. Intel receives a 30% trade dis
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Question 1150001: Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,300 list price. Bally dated the invoice August 03 with 2/10 EOM terms. Intel receives a 30% trade discount. Intel pays the invoice on August 16. On August 1, Intel Corporation returns $300 of the machinery due to defects. What does Intel pay Bally on August 16?
Payable amount
Answer by ikleyn(52803) (Show Source): You can put this solution on YOUR website!
.
Sorry, this problem is not from Math.
It is from Finance, which is not the profile of this forum.
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