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    Using Financial Accounting Study Set 1
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    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
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    If a Company Purchases $3,200 Worth of Inventory with Terms
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If a Company Purchases $3,200 Worth of Inventory with Terms

Question 72

Question 72

Multiple Choice

If a company purchases $3,200 worth of inventory with terms of 2/10, n/30 on March 3 and pays March 12, then the amount paid to the seller would be


A) $3,136
B) $3,168
C) $3,150
D) $3,200

Correct Answer:

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