A cellular company purchased \( \$ 25,800 \) in cell phones on June 25 . The terms of sale were \( 4 / 20,3 / 30, n / 60 \). Frei terms were F.O.B. destination. Returned goods amounted \( \$ 650 \). What is the net date?

To find the net date, we first need to consider the terms of sale which indicate payment discounts: \( 4 / 20 \) means a 4% discount if paid within 20 days, \( 3 / 30 \) means a 3% discount if paid within 30 days, and the full amount is due in 60 days. Since the terms are F.O.B. destination, the date of sale is the shipping date, June 25. After accounting for the returned goods of \( \$ 650 \), the net purchase amount is \( 25,800 - 650 = 25,150 \). The payment options become effective as follows: the discount period for \( 4\% \) ends on July 15 (20 days later), and \( 3\% \) until July 25 (30 days later). Thus, the net date for the full payment without a discount is August 24, 2023 (60 days after the sale).