Levin furniture buys a living room set with a 4800 list, Ask an Expert

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Levin Furniture buys a living room set with a $4,800 list price and a 60% trade discount. Freight (FOB shipping point) of $55 is not part of the list price. What is the delivered price (including freight) of the living room set, assuming a cash discount of 5/10, n/30, ROG? The invoice had an April 8 date. Levin received the goods on April 19 and paid the invoice on April 25.

Delivered price $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93058443

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