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MMLU-Pro / 165 / Florsheimand Co. accepted a 90-day sight draft for …
Problem
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question
Florsheimand Co. accepted a 90-day sight draft for $425.00 on October 10. It was discounted on November 1 at 5%. If their bank charged a (1/3)% collection fee, what were the proceeds?
category
business
options
- $418.25
- $416.00
- $420.00
- $419.57
- $421.75
- $422.50
- $414.89
- $423.58
- $425.00
- $417.14
src
stemez-Business
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