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    Exam 7: Accounting for Sales and Accounts Receivable
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    A Wholesale Business Sells Goods with a List Price of $900
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A Wholesale Business Sells Goods with a List Price of $900

Question 44

Question 44

Multiple Choice

A wholesale business sells goods with a list price of $900 and a trade discount of 40 percent.The net price is


A) $360.00.
B) $540.00.
C) $900.00.
D) $940.00.

Correct Answer:

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