WAXS-D, Merchandisers of Musical Instruments, Has Provided the Following Details

question 133

Multiple Choice

WAXS-D, merchandisers of musical instruments, has provided the following details: Credit terms are: 3/20, n/45, FOB shipping. Calculate the net cost of inventory purchased assuming that there are no other inventory related transactions during the month.

• A)$785,000
• B)$740,000
• C)$725,000
• D)$743,250

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Definitions:

Oral

Related to the mouth; often used in contexts such as oral hygiene, oral medications, or oral communication.

Rectal

Pertaining to, involving, or situated near the rectum, which is the final section of the large intestine.

Axillary

Pertaining to the armpit area, often referenced in medical examinations or temperature measurements.

Oral

Relating to the mouth, or administered through the mouth.