What is the net cost of the goods within the discount period


Davies Company purchased merchandise inventory with an invoice price of $5,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Davies Company pays within the discount period?

A) $5,000

B) $4,920

C) $4,900

D) $4,000

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Accounting Basics: What is the net cost of the goods within the discount period
Reference No:- TGS069315

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