Chocolate Corporation Sells Merchandise on Account for $3,000 to Marshmallow

question 26

Multiple Choice

Chocolate Corporation sells merchandise on account for $3,000 to Marshmallow Corporation with credit terms of 2/10, n/30.Marshmallow returns $600 of merchandise that was damaged, along with a cheque to settle the account within the discount period.What is the amount of the cheque?

• A)$2,952
• B)$2,940
• C)$2,400
• D)$2,352

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Definitions:

Location-Based Promotions

Marketing efforts tailored to a consumer's location, often through mobile devices, to offer relevant deals and advertisements.

Social Media

Platforms and technologies that enable users to create and share content or to participate in social networking online.

Interactive Messaging Options

Methods that allow for two-way communication between businesses and their customers, often through digital channels.

Mobile Marketing

Marketing strategies and campaigns designed to reach consumers through their mobile devices, such as smartphones and tablets.