A Director of Accounts Received a Bill for $1319, Dated

question 19

Multiple Choice

A director of accounts received a bill for $1319, dated July 10, with sales terms 3 / 10 EOM. Find the cash discount and amount due if the bill was paid August 30.

• A) Cash discount: $13.19; net amount: $1305.81
• B) Cash discount: $131.90; net amount: $1187.10
• C) Cash discount: $0; net amount: $1319
• D) Cash discount: $39.57; net amount: $1279.43

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Definitions:

Sociobiologists

Scientists who study the biological aspects of social behavior in humans and other animals.

Evolutionary Psychologists

Researchers who study how evolutionary principles like natural selection influence human behavior and psychological traits.

Behavior Patterns

The repetitive and observable actions or reactions of individuals, often in response to their environment or stimuli.

Friedrich Engels

A German philosopher, social scientist, and journalist who, alongside Karl Marx, co-developed Marxist theory, notably exploring issues of social class and labor.