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The Quinter Corporation Ordered Material for Its Manufacturing Process with a Price

Question 31

Multiple Choice

The Quinter Corporation ordered material for its manufacturing process with a price of $75,000 and that had terms of 1/10 net/30.What is the lowest amount of cash Quinter will have to pay if it meets the terms of the discount agreement?


A) $67,500
B) $75,000
C) $74,250
D) $52,500

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