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    Exam 16: Pricing and Credit Decisions
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    Dennis Has Made a Purchase of $50,000 Using Trade Credit
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Dennis Has Made a Purchase of $50,000 Using Trade Credit

Question 36

Question 36

Multiple Choice

Dennis has made a purchase of $50,000 using trade credit with terms of 2/10 net 30.How much discount will a he receive if the buyer pays the bill on the net due date?


A) $0
B) $500
C) $1200
D) $3,000

Correct Answer:

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