The Quinter Corporation Ordered Material for Its Manufacturing Process with a Price

question 31

Multiple Choice

The Quinter Corporation ordered material for its manufacturing process with a price of $75,000 and that had terms of 1/10 net/30.What is the lowest amount of cash Quinter will have to pay if it meets the terms of the discount agreement?

• A)$67,500
• B)$75,000
• C)$74,250
• D)$52,500

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