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Floors,Inc

Question 28

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 5,2017,on account.Tile Magic Corp.paid the invoice on August 31,2017.How much sales discount will Floors recognize?


A) $0
B) $40
C) $200
D) $236

Correct Answer:

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