Company a Sells ¥8,000 of Merchandise on Account to Company

question 66

Multiple Choice

Company A sells ¥8,000 of merchandise on account to Company B with credit terms of 2/10, n/30. If Company B remits a check taking advantage of the discount offered, what is the amount of Company B's check?

• A) ¥5,600
• B) ¥7,840
• C) ¥7,200
• D) ¥6,400

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Definitions:

Second Generation

Individuals who are the children of immigrants, typically born and raised in the host country of their parents.

Athleticism

The physical abilities and traits that contribute to proficiency in sports and physical activities, including strength, agility, and stamina.

Genetically Determined

Traits or characteristics that are influenced by an organism's genetic makeup.

Native Americans

The indigenous peoples of the United States, including American Indians, Alaska Natives, and other native cultural groups.