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Merchandise with an Invoice Price of $3,000 Is Purchased on September

Question 136

Multiple Choice

Merchandise with an invoice price of $3,000 is purchased on September 2 subject to terms of 2/10, n/30, FOB destination. Freight costs paid by the seller totaled $200. What is the cost of the merchandise if paid on September 12, assuming the discount is taken?


A) $3,140
B) $3,136
C) $2,744
D) $2,940

Correct Answer:

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