If a Company Purchases $3,200 Worth of Inventory with Terms

question 61

Multiple Choice

If a company purchases $3,200 worth of inventory with terms of 2/10,n/30 on March 3 and pays April 2,then the amount paid to the seller would be

• A)$3,136.
• B)$3,150.
• C)$3,168.
• D)$3,200.

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Definitions:

Different Culture

Describes the variations in social norms, practices, beliefs, and values among groups of people from different backgrounds or geographical areas.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a general disdain for other cultures.

Hand Gesture

A hand gesture is a movement or position of the hand and/or arms used to convey an idea, instruction, emotion, or information.

Regard for Culture

The respect, consideration, and acknowledgment of the customs, beliefs, and practices of different societies or communities.