If merchandise costing $2,500, terms FOB destination, 2/10, n/30, with transportation costs of $100, is paid within 10 days, the amount of the purchases discount is $52.

Name: If merchandise costing $2,500, terms FOB destination, 2/10, n/30, with transportation costs of $100, is paid within 10 days, the amount of the purchases discount is $52.
Brand: Quizplus
Rating: 4.7 (50 reviews)

Question

Quizplus · Accepted Answer

The purchase discount is calculated as 2% of $2,500, which equals $50, not $52. The transportation cost does not affect the discount calculation.

If Merchandise Costing $2,500, Terms FOB Destination, 2/10, N/30, with Transportation