Export Ltd

question 59

Essay

Export Ltd. received an invoice dated August 21 from Dutch Specialties of Amsterdam with terms 5/20, n/45 for: All items are subject to trade discounts of 33.5%, 7.125%, 4%.
a)What is the last day of the discount period?
b)What is the amount due if the invoice is paid in full on September 6?
c)If only a partial payment is made on the last day of the discount period, what amount is due to reduce the outstanding balance to $1500.00?

---

Definitions:

Ill-Structured Decisions

Decisions that are complex and lack clear parameters, often requiring innovative and subjective approaches to problem-solving.

Good Mood

A positive emotional state characterized by feelings of happiness, contentment, and general well-being.

Positive Mood

A state of mind characterized by optimism and a general sense of well-being.

Neutral Information

Data or facts presented without bias, allowing recipients to form their own opinions or conclusions.