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

question 94

Multiple Choice

If a company purchases $3,000 worth of inventory with terms of 1/15,n/30 and pays within 15 days,then the amount paid to the seller would be

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

---

Definitions:

Government Benefits

Refers to forms of financial assistance or service programs provided by governments to support individuals in society, including healthcare, education, and social security.

Aadhaar

Aadhaar is a 12-digit unique identity number issued by the Indian government to residents, based on their biometric and demographic data.

Fairness Approach

A method or strategy in decision-making that emphasizes equity and justice among all participants.

Legal Battles

Refers to disputes resolved in a court of law or through the legal system, often involving issues of rights, contracts, or regulations.