Garber Plumbers offers a 20% trade discount when providing $2,000 or more of plumbing services to its customers.In March 2015,Garber provided $4,000 of plumbing services to Red Oak,Inc.and $1,500 of services to Cyril,Inc.Each of these customers was granted credit terms of 2/10,net 30.If both customers paid for the plumbing services within the discount period,what was the net revenues figure for these two transactions?

Question

Quizplus · Accepted Answer

The Answer of Garber Plumbers offers a 20% trade discount when providing $2,000 or more of plumbing services to its customers.In March 2015,Garber provided $4,000 of plumbing services to Red Oak,Inc.and $1,500 of services to Cyril,Inc.Each of these customers was granted credit terms of 2/10,net 30.If both customers paid for the plumbing services within the discount period,what was the net revenues figure for these two transactions?

Garber Plumbers Offers a 20% Trade Discount When Providing $2,000