Asked by Brian

Problem:
Invoice-Nov. 27. Date goods recvd. ? Terms- 2/10 EOM. Last day of discount- ? Final day bill is due ?
Complete above.

Answers

Answered by Brian
My answer is - date goods recvd. ?
Last day of discount period - Jan. 10
Final day bill is due ( end of credit period - Jan. 30.
I guessed at multiple choice and got Lucy. I don't know how to lay out the equation for this problem.
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