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Conway Company Purchased Merchandise Inventory with an Invoice Price of $9,000

Question 173

Multiple Choice

Conway Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Conway Company pays within the discount period?


A) $9,000
B) $8,820
C) $8,100
D) $8,280

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