A company purchased $9,700 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $485 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals:.
a. $7,968.
b. $8,342.
c. $7,925.
d. $8,170.
e. $8,600.
Answers: 1
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A company purchased $9,700 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it return...
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