Multiple Choice
A firm purchased goods with a purchase price of $1,000 and credit terms of 1/10 net 30. The firmpaid for these goods on the 5th day after the date of sale. The firm must pay__________ for the goods.
A) $1,100
B) $900
C) $1,000
D) $990
Correct Answer:
Verified
Correct Answer:
Verified
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