Multiple choice

1.An invoice for a camcorder that cost $1250 is dated August 2, with sales terms of 3/10 EOM. If the bill is paid on September 5, how much is due? The net amount due is _____

 2.An invoice for $300 is dated October 4 and has sales terms of 5/10 ROG. The merchandise arrives October 20. How much is due if the bill is paid October 27? The net amount due is ____ 

3.A repair shop received a shipment of goods from a distributor. The bill of lading was marked freight collect. Who paid the freight? To whom was the freight paid? Choose the correct answer 

 4. Selling price = $39.99; Markup = $13.99. Find the cost. The cost is ___