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mantparn mantparn
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Posts: 1904
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7 years ago
A firm purchased goods with a purchase price of $1,000 and credit terms of 1/10 net 30. The firm paid for these goods on the 5th day after the date of sale. The firm must pay ________ for the goods.
A) $990
B) $900
C) $1,000
D) $1,100
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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Posts: 949
7 years ago
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mantparn Author
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7 years ago
Thanks for the assistance, I've marked your post as best answer
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