On November 1, 2015, Wrenns Martch Sold Merchandise for $10,000

question 120

Multiple Choice

On November 1, 2015, Wrenns Martch sold merchandise for $10,000, FOB destination, with payment terms of 3/10, n/40. Sales returns on this sale amounted to $3,000. Wrenns received payment for the balance on November 10, 2015. The cost of goods sold was $3,600. Calculate the amount of gross profit from the transaction.

• A)$1,800
• B)$3,190
• C)$1,320
• D)$6,790

Describe key cell organelles and their functions in maintaining cellular processes, like protein synthesis, and environmental response.

Understand the difference between slander and libel and identify examples of each.

Comprehend the concept of consent as a defense in battery cases.

Distinguish between torts and breach of contract.