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    Using Financial Accounting
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    If a Company Purchases $3,000 Worth of Inventory with Terms
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If a Company Purchases $3,000 Worth of Inventory with Terms

Question 94

Question 94

Multiple Choice

If a company purchases $3,000 worth of inventory with terms of 1/15,n/30 and pays within 15 days,then the amount paid to the seller would be


A) $2,550.
B) $2,970.
C) $3,000.
D) $3,030.

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