Merchandise Assignment

Merchandise with a total billed cost of $37,668.30 was invoiced and shipped on February 3 from the vendor’s warehouse in Providence, Rhode Island to your store in Oklahoma City. Transportation charges were $193.70. Give the dollar amount of transportation charges to be paid by the retailer under each of the following terms. State requisite assumptions or clarifications if any.

2/10-30X, FOB Store

1/10, n/30, FOB Vendor’s warehouse

7/10, n/30, FOB Store, Charges Reversed. Get Finance homework help today

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