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The Funhouse, Inc., _Net amount payable

August 14th, 2017 admin

2.Suppose The Funhouse, Inc., buys $105,900 worth of PegaBlock toys on credit terms of 2/10, n/45. Some of the goods are damaged in shipment, so Funhouse returns $10,540 of the merchandise to PegaBlock.

Requirement
R1.How much must The Funhouse pay PegaBlock:

a. After the discount period?

b. Within the discount period?

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