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Compute the amount that cooper company has to pay to seller

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Question - Cooper Company purchased goods with the following terms and details:

Sales price, $11,000

Terms, 1/10, n/30

Date of sale, March 9

Date of payment, March 19

Returns and allowances (before payment), $1,000

Shipping, FOB Shipping Point, $300, prepaid by seller

Required: Compute the amount that Cooper Company has to pay to the seller for the goods.

Reference no: EM132198360

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