Kern Company Sells Merchandise on Account for $8,000 to Block

question 31

Multiple Choice

Kern Company sells merchandise on account for $8,000 to Block Company with credit terms of 2/10, n/30. Block Company returns $1,600 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check?

• A) $6,272
• B) $6,400
• C) $7,840
• D) $7,872

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Definitions:

Tone Wheel

Tone wheel, in automotive contexts, refers to a component that works with sensors to monitor the speed of rotating parts like the wheels or crankshaft, generating a signal that varies with speed.

Electrical Principle

Fundamental laws or concepts in electricity, such as Ohm's law, which govern the behavior and operation of electrical systems and components.

Wheel Speed Sensor

Reluctor-type electromagnetic device used to signal wheel speed data to an antilock controller. Consists of a permanent magnet and toothed reluctor. As the reluctor wheel cuts through a magnetic field, AC is generated and a frequency signal produced.

ABS Outputs

The signals or actions produced by the Anti-lock Braking System to prevent wheel lockup and maintain steering control during braking.