Juan Sells $75,000 of TVs to a Customer

question 68

Multiple Choice

Juan sells $75,000 of TVs to a customer.The credit terms state a 2% discount if paid in 7 days and a 1% discount if paid in 8-14 days.The customer pays in 12 days.How much cash does Juan receive?

• A)$75,000
• B)$73,500
• C)$74,250
• D)$1,500

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Definitions:

HIV Infection

A viral infection caused by the Human Immunodeficiency Virus (HIV) that progressively impairs the immune system, leading to AIDS if not treated.

Symptoms

Signs or indications of a disease, disorder, or condition, observed by a patient or healthcare provider.

HIV Infection

A disease caused by the human immunodeficiency virus, which attacks the immune system, potentially leading to AIDS if not treated.

AIDS

stands for Acquired Immunodeficiency Syndrome, a disease that severely weakens the immune system, caused by the HIV virus.