Python Company Sells Merchandise on Account for $5000 to Monte

question 154

Multiple Choice

Python Company sells merchandise on account for $5000 to Monte Company with credit terms of 2/10 n/30. Monte Company returns $1500 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) $3430
• B) $4000
• C) $4900
• D) $4430

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Definitions:

Interest Awareness

The process of recognizing and understanding one's own interests or the interests of a target audience.

Direct Marketing

Sales and promotional techniques that deliver promotional materials individually.

Marketing Communications

involves the techniques and methods used to convey messages about products, services, or brands to customers and prospects.

Targeted

Aimed or directed at a specific group of consumers or market segment.