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Bally Manufacturing sent Intel Corporation an invoice for machinery with a $13,800 list price. Bally dated the invoice July 25 with 2/10 EOM terms. Intel receives a 30% trade discount. Intel pays the invoice on August 07. On August 07, Intel Corporation returns $300 of the machinery due to defects. What does Intel pay Bally on August 07?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92412169

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