A Company Purchases Merchandise with a Catalog Price of $20,000

question 94

Multiple Choice

A company purchases merchandise with a catalog price of $20,000. The company receives a 35% trade discount from the seller. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made and that payment was made on time, what is the net cost of the merchandise?

• A) $13,720.
• B) $19,600.
• C) $6,860.
• D) $13,000.
• E) $12,740.

Understand the concept and history of the Great Chain of Being.

Grasp the mechanisms of natural selection and its role in evolution.

Familiarize with the system of taxonomy established by Carlos Linnaeus.

Comprehend the structure and validation of scientific theories.

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