Macy of New York sold LeeCo. of Chicago office equipment with a $7,100 list price. Sale terms were 1/10, n/30 FOB New York. Macy

Question

Macy of New York sold LeeCo. of Chicago office equipment with a $7,100 list price. Sale terms were 1/10, n/30 FOB New York. Macy agreed to prepay the $20 freight. LeeCo. pays the invoice within the discount period. What does LeeCo. pay Macy?

Kunduz · Accepted Answer

Click to see the answer