A firm purchased goods on January 27 with a purchase price of $1,000 and credit terms of 2/10 net 30 EOM. The firm paid for these goods on February 9. The firm must pay ________ for the goods
A) $1,000
B) $980
C) $800
D) $900
B
Business
You might also like to view...
As a company records depreciation expense for a period of time, a corresponding cash inflow from investingactivities is reported on the statement of cash flows
a. True b. False Indicate whether the statement is true or false
Business
The verb "do" is an example of a regular verb
Indicate whether the statement is true or false.
Business
A ________ is a set of all brand lines that a particular seller makes
A) brand platform B) brand image C) co-brand D) brand extension E) brand mix
Business
Revenues have a normal credit balance
Indicate whether the statement is true or false
Business