A company that purchases inventory costing $10,000 onterms 2/30, n/60, but first returns one-half of those goods,will

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A company that purchases inventory costing $10,000 onterms 2/30, n/60, but first returns one-half of those goods,will receive a discount of what amount if it pays on the last day of the discount period?

a. $0 

b. $100

c. $200 

d. $5,000

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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