Juniper Company, Inc

question 254

Multiple Choice

Juniper Company, Inc. uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 26, it paid the full amount due. The amount of the cash paid on August 26 equals:

• A)$8,167.50.
• B)$9,652.50.
• C)$9,750.00.
• D)$8,250.00.
• E)$8,152.50.

---

Definitions:

Intervening Variable

A variable that mediates the relationship between a dependent variable and an independent variable.

Hypothesis

A suggested rationale for an occurrence, offered as an initial basis for more detailed exploration.

Theory

An abstract set of ideas or principles that explains phenomena or aspects of the natural or social world.

Radical Behaviorists

Psychologists who follow a doctrine emphasizing the external behaviors of people and their reactions on a given situation, largely ignoring internal processes like cognition.