Merchandise with an Invoice Price of $3,000 Is Purchased on September

question 131

Multiple Choice

Merchandise with an invoice price of $3,000 is purchased on September 2 subject to terms of 2/10, n/30, FOB destination. Freight costs paid by the seller totaled $200. What is the cost of the merchandise if paid on September 12, assuming the discount is taken?

• A) $3,140
• B) $3,136
• C) $2,744
• D) $2,940

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Definitions:

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, often measured for diagnostic purposes.

Stress

A physical or psychological response to internal or external pressures, often resulting in physical, mental, or emotional strain or tension.

Flexibility

The quality of bending easily without breaking, referring to the range of movement in a joint or series of joints.

Intervertebral Disks

The cartilage pads that sit between the vertebrae in the spine, acting as shock absorbers and allowing for flexibility.