Merchandise costing $6,800 with terms of 1/10, n/30, with transportation costs of $440 included on the...
Merchandise costing $6,800 with terms of 1/10, n/30, with transportation costs of $440 included on the invoice (not included in the $6,800) is sold on account. If the bill is paid within ten days, the amount of the purchase discount is:
A) $68.00
B) $4.40
C) $72.40
D) $63.60
Homework Answers
Purchase discount
= 6,800 * 1%
= 68
Option A is the answer
Comment if you face any issues
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