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What the net payment should be

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Problem 1: The purchase invoice shows the amount of P250,000, 2/10; 1/20; n/30, FOB destination, freight collect, P200. If the account is paid 15 days after the invoice date, the net payment should be:

Problem 2: C purchased merchandise for P5,000 and paid P200 for freight, FOB destination, freight collect. The merchandise was sold at 120% of cost. The gross profit is?

Reference no: EM132728390

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