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Compute the amount that Foster Company has to pay

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Question - Foster Company purchased goods with the following terms and details?

Sales price, $6,000

Terms, 4/10, n/30

Date of sale, December 2

Date of payment, December 13

Returns and allowances (before payment), $400

Shipping, FOB Shipping Point, $245, prepaid by seller

Required - Compute the amount that Foster Company has to pay to the seller for the goods.

Reference no: EM132748705

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