21) A company purchases merchandise for $20,000. The seller offers credit terms of 2/10,n/30. Assuming...
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21) A company purchases merchandise for $20,000. The seller offers credit terms of 2/10,n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise? A) $20,000. B) $19,600. C) $2,000. D) $14,000. E) $6,500
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