The Empire Carpet Company orders merchandise for $17,700, including $550 in shipping
Chapter 0, Problem 18(choose chapter or problem)
The Empire Carpet Company orders merchandise for $17,700, including $550 in shipping charges, from Mohawk Carpet Mills on May 4. Carpets valued at $1,390 will be returned because they are damaged. The terms of sale are 2/10, n/30 ROG. The shipment arrives on May26, and Empire wants to take advantage of the cash discount. a. By what date must Empire pay the invoice? b. As the bookkeeper for Empire, how much will you send to Mohawk?
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