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QUESTION 8 Mary Lou's Inc. purchased merchandise inventory that cost $7,000 and credit terms of...

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QUESTION 8 Mary Lou's Inc. purchased merchandise inventory that cost $7,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Mary Lou's Inc. pays within the discount period? $7,000 $6,440 $6,860 $6,300 QUESTION 9 On April 25 Alambra LLC made a credit sale of $4,000, terms 3/10, 1/30, on which a return of $300 is granted on April 28. What amount is received as payment in full on May 4? $4,000 $3,589 $3,880 $3,700

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