If Bartner Furniture, Inc. purchased inventory at $1,200 list price and the terms were 3/10 n/30, what would be the value associated with the inventory if payment was made after 20 days?

Name: If Bartner Furniture, Inc. purchased inventory at $1,200 list price and the terms were 3/10 n/30, what would be the value associated with the inventory if payment was made after 20 days?
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

The payment was made after the discount period of 10 days, so the full list price of $1,200 is due.