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Periodic Inventory - Purchase Discounts
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Problem 10
Periodic Inventory - Purchase Discounts
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4. Merchandising Operations / Periodic Inventory - Purchase Discounts / Problem 10
Problem 10
A company purchases goods worth \$2,000 with terms '2/10 NET 30.' If they pay within the discount period, what is the discount amount?
A
\$60
B
\$40
C
\$80
D
\$20
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