Casin Company Sells $700 of Merchandise on Account to Delta

question 270

Multiple Choice

Casin Company sells $700 of merchandise on account to Delta Exploration with credit terms of 2/10, n/30. If Delta Exploration remits a check taking advantage of the discount offered, what is the amount of Delta Exploration's check?

• A) $490
• B) $686
• C) $630
• D) $560

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Definitions:

Basilar Membrane

A structure in the cochlea of the ear that vibrates in response to sound and aids in the process of hearing.

Wave Frequency

The number of waves that pass a fixed point in unit time, typically measured in hertz (Hz).

Auditory Tube

Also called the eustachian tube; connects the middle ear to the nasopharynx for the equalization of pressure.

Optic Chiasma

A structure in the brain where the optic nerves (II) partially cross, involved in the visual system.