What was the invoice price of the merchandise

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Reference no: EM133373263

Question: Cavite Company purchased an item of merchandise quoted and listed at P3,700,000 under the following terms: Trade discounts of 15%, 10%, 5%, 2/10, n/30.

What was the invoice price of the merchandise?

Refer to Cavite Company. How much was the cash payment if settlement was made within the discount period?

 

Reference no: EM133373263

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