Lester purchased 53,125.75Php worth of goods on March 7 from Elmer’s Enterprise at 12/6 8/10 n/40. If he pays on March 17, how much will Lester pay? a. 53,125.75Php b. 48,875.69Php c. 46,750.66Php d. Cannot be determined e. None of the above

Lester purchased 53,125.75Php worth of goods on March 7 from Elmer’s Enterprise at 12/6 8/10 n/40. If he pays on March 17, how much will Lester pay? a. 53,125.75Php b. 48,875.69Php c. 46,750.66Php d. Cannot be determined e. None of the above

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

7. Lester purchased 53,125.75Php worth of goods on March 7 from Elmer’s Enterprise at 12/6 8/10
n/40. If he pays on March 17, how much will Lester pay?
a. 53,125.75Php
b. 48,875.69Php
c. 46,750.66Php
d. Cannot be determined
e. None of the above

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