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Assume a company orders 100 rolls of wire that has a listed selling price of $100 per roll, but is offered a trade discount of 25% and an additional 10% since the supplier is overstocked in this particular brand of wire. Terms are 2/10/net 30. Calculate the company’s purchase price of the 100 rolls of wire, assuming it plans to pay the invoice within 10 days. Group of answer choices $10,000 $ 6,300 $ 6,615 $ 3,700 $ 9,995
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Assume a company orders 100 rolls of wire that has a listed selling price of $100 per roll, but is o...
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