SOLUTION: A resort hotel buys canned food on terms of 1/5, net/45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. Only July 5, the hotel retu
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Question 1038952: A resort hotel buys canned food on terms of 1/5, net/45. An invoice for canned food dated July 3 was for $374. The total included a $24 delivery charge. Only July 5, the hotel returned cams worth $74.20 because they were damaged. Using the complement method, compute the remittance of the required amount is paid within the discount period. Answer by solver91311(24713) (Show Source):
This is an accounting question. Please ask your accounting questions on an accounting homework help website. Algebra.com is not the appropriate place to ask this type of question.
John
My calculator said it, I believe it, that settles it
