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Merchandise Is Purchased for $6,000 on September 2 Subject to Terms

Question 4

Multiple Choice

Merchandise is purchased for $6,000 on September 2 subject to terms of 2/10, n/30, FOB destination. Freight costs paid by the seller totaled $200. What is the required payment if paid on September 12?


A) $6,120
B) $5,940
C) $6,090
D) $5,880

Correct Answer:

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