Solved

Garber Plumbers Offers a 20% Trade Discount When Providing $2,000

Question 3

Multiple Choice

Garber Plumbers offers a 20% trade discount when providing $2,000 or more of plumbing services to its customers.In March 2012,Garber provided $4,000 of plumbing services to Red Oak,Inc.and $1,500 of services to Cyril,Inc.Each of these customers was granted credit terms of 2/10,net 30.If both customers paid for the plumbing services within the discount period,what was the net sales figure for these two transactions?


A) $5,500.
B) $4,312.
C) $4,486.
D) $4,606.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents