Davies Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Davies Company pays within the discount period?
A) $9,000
B) $8,856
C) $8,820 d $7,200

Question

Quizplus · Accepted Answer

The Answer of Davies Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Davies Company pays within the discount period?
A) $9,000
B) $8,856
C) $8,820 d $7,200

Davies Company Purchased Merchandise Inventory with an Invoice Price of $9,000