Your pharmacy's wholesaler offers a 8% discount if invoices are paid in full within 4 business days of receipt. The last invoice was for a total of $2612.68, and was received on Thursday, July 27. The invoice was paid by the accounting department on the following Wednesday. How much should have been paid?

Question

Quizplus · Accepted Answer

The accounting department should have paid $2612.68 for the invoice received on July 27. The invoice was not paid within 4 business days of receiving it, so it not would qualify for the 8% discount. The pharmacy would then be responsible for the entire cost of the invoice, or $2612.68.

Your Pharmacy's Wholesaler Offers a 8% Discount If Invoices Are