If a Company Purchases $3,000 Worth of Inventory with Terms

question 148

Multiple Choice

If a company purchases $3,000 worth of inventory with terms of 1/15, n30 and pays within 15 days, then the amount paid to the seller would be

• A) $3,030
• B) $2,550
• C) $2,970
• D) $3,000

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Definitions:

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Individual choices regarding the ways in which they prefer to give and receive information in interpersonal interactions.

Infographic

A visual representation of information or data, making complex information easier to understand.

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Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

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Statistical data relating to the population and particular groups within it, often used for marketing or policy-making.