An Invoice Dated on September 30 Was Received on October

question 143

Multiple Choice

An invoice dated on September 30 was received on October 2. It was for 4 pairs of in-line skates at $125.00 each and two pairs of gel roller blades at $110.50 each. The terms of the invoice were 5/10, 2/30, n/60. What is the invoice payment amount on October 27?

• A) $707.58
• B) $708.58
• C) $705.58
• D) $706.85
• E) $706.58

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Definitions:

Efficient Adaptation Strategies

Methods or approaches that effectively adjust to new conditions or environments with minimal waste of resources.

Global Warming

The long-term rise in the average temperature of the Earth’s climate system, largely attributed to human activities such as burning fossil fuels and deforestation.

Kyoto Treaty

An international agreement aimed at reducing carbon dioxide emissions and the presence of other greenhouse gases to combat global warming.

Industrial Pollution

The release of harmful substances into the environment as a result of manufacturing or processing activities.