Eli Company Eli Company sells novelty items and offers terms of 1/10,n/30 to credit customers.One customer,Faulkner,Inc. ,purchased 100 Sweet-16 party decor packs with a list price of $20 each on March 5,2013.
-Refer to the information provided for Eli Company.If the customer pays the invoice on March 31,2013,how much sales discount will Eli Company recognize?
A) $ -0-
B) $ 20
C) $200
D) $600
Correct Answer:
Verified
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