Answered: Calculate the net price of merchandise…

Calculate the net price of merchandise listing for $5,900 less a trade discount rate of 45%. O $2,065 O $2,655 O $3,760 O $3,245

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 14MC: A customer pays on credit for $1,250 worth of merchandise, terms 4/15, n/30. If the customer pays...

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Calculate the net price of merchandise listing for $5,900 less a trade discount rate of 45%. O $2,065 O $2,655 O $3,760 O $3,245

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