Jane Company purchased merchandise . The following information is available: Terms: 15/10 n /60 Original purchase amount: $ 7,000 Return amount: $ 1,000 (2 days after purchase ) Payment of cash: Paid in full ( 7 days after purchase) Jane must have paid how much cash? 

Answer rating: 100% (QA)

To solve this problem we need to use the formula for calculating the amount of cash paid i... View the full answer