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Nitella [24]
3 years ago
6

A company sells merchandise to a customer for $6,000 with terms 2/10, n/30 on June 1. What amount of cash will the merchandiser

receive if the customer pays within the discount period?
Business
1 answer:
Cloud [144]3 years ago
8 0

Answer:

$5,880

Explanation:

The sales terms 2/10 n/30 means that if the customers pays within the discount period (10 days) he will get a 2% discount, but if the customer pays after that day and before a 30 period is over, he/she will pay the full invoice amount.

Since the customer paid within the discount period, the cash paid = $6,000 x (1 - 2%) = $6,000 x 98% = $5,880

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internal marketing

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alexira [117]

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8 0
1 year ago
A "tariff" on imported products is an example of a trade barrier that is always preferred to the free trade, because it generate
lesantik [10]

Answer:

The answer is true

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3 years ago
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