Multiple Choice
What is the amount of the discount to be taken by a company that purchases inventory for $10,000 with terms 2/10,n/30,returns $2,000 of the inventory purchased,receives an allowance for defective merchandise of $100,and pays the amount due within the discount period?
A) $200
B) $158
C) $160
D) $198
Correct Answer:
Verified
Correct Answer:
Verified
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