Company a Sells $2,500 of Merchandise on Account to Company

question 212

Multiple Choice

Company A sells $2,500 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) $1,750
• B) $2,000
• C) $2,250
• D) $2,450

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Definitions:

Einstein's Riddle

A logic puzzle attributed to Albert Einstein, challenging solvers to deduce relationships between different sets of clues.

Creative Thinking

The ability to think in novel and unconventional ways to find solutions to problems or generate new ideas or concepts.

Creative Solutions

Innovative and imaginative problem-solving strategies that are not readily apparent.

Critical Thinking

The disciplined process of actively analyzing, synthesizing, and evaluating information gathered from observation, experience, reflection, or reasoning.