A Sales Invoice Included the Following Information: Merchandise Price, $10,000;

question 175

Multiple Choice

A sales invoice included the following information: merchandise price, $10,000; freight, $900; terms 1/10, n/eom, FOB shipping point. Assuming that a credit for merchandise returned of $500 is granted prior to payment and that the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?

• A) $10,305
• B) $9,500
• C) $9,306
• D) $9,900

Understand the influence of autonomic nervous system activity on heart rate and contractility.

Analyze the body's physiological responses to changes in posture, blood chemistry, and oxygen levels.

Understand the concept of comparative and absolute advantage in trade.

Analyze the impacts of trade on production and consumption efficiencies.

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Definitions:

Guaranteed Next-day Delivery

A postal or courier service promise ensuring that a package will arrive at its destination within the next day after dispatch.

Plural

A grammatical number category referring to more than one of a particular noun, used to denote multiple items or individuals.

Medical Terms

specialized vocabulary used by healthcare professionals to describe the human body, its functions, diseases, procedures, and treatments.

USPS Services

Services offered by the United States Postal Service, including mail delivery, package shipping, and other postal-related offerings.