A retailer purchases merchandise with a catalog list price of $30,000. The retailer receives a 15% trade

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A retailer purchases merchandise with a catalog list price of $30,000. The retailer receives a 15% trade discount and credit terms of 2/10, n/30. I-low much cash will be needed to pay this invoice within the discount period?

a. $30,000

b. $24,900

c. $29,400

d. $24,990

Related Book For answer-question

Introduction to Management Science

ISBN: 978-0132751919

11th Edition

Authors: Bernard W. Taylor

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Posted Date: Aug 30, 2018 07:47 AM

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A retailer purchases merchandise with a catalog list price of $30,000. The retailer receives a 15% trade

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d 24990 Indication 210 n30 or 210 net 30 on an invoice represents a cash sales discount provided by ... View the full answer

Introduction to Management Science

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