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ABC Imports Purchased $2,319

Question 27

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ABC Imports purchased $2,319.00 in shipping containers which includes 3.95% in sales tax. The terms are 2/10, n/30 and a taxable shipping charge of $198 is included in the invoice. If the invoice is paid within the discount period, how much should be paid?

Correct Answer:

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$2,276.73; Net price before sales tax is...

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