Multiple Choice
Floors, Inc.offers terms of 2/10, n/30 to credit customers.Tile Magic Corp.purchased 100 tile cutters with a list price of $20 each on August 5, 2015, on account.
Tile Magic Corp.paid the invoice on August 31, 2015.How much sales discount will Floors recognize?
A) $ -0-
B) $ 40
C) $ 200
D) $ 236
Correct Answer:
Verified
Correct Answer:
Verified
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