On October 30, goods with a list price of $9,200 are sold, subject to a trade discount of 25 percent with terms of 2/10, n/30. Payment is received from the customer on December 11. The amount of cash received on December 11 is
A) $6,160.
B) $8,770.
C) $2,640.
D) $6,036.
E) $6,900.
Correct Answer:
Verified
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