Multiple Choice
Devonshire,Inc.sold merchandise inventory on account at a price of $16,000 with payment terms of 1/10,n/30.The merchandise cost Devonshire $11,000.If the customer paid for the merchandise 5 days after receiving the invoice,how much cash was collected by Devonshire?
A) $11,000
B) $15,840
C) $10,890
D) $16,000
Correct Answer:
Verified
Correct Answer:
Verified
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