Razor Company purchased ($ 15,000) of inventory on credit with credit terms of (2 / 10, mathrm{n}

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Razor Company purchased \(\$ 15,000\) of inventory on credit with credit terms of \(2 / 10, \mathrm{n} / 30\). Razor paid for the purchase within the discount period. How much did Razor pay for the inventory?

a. \(\$ 14,700\)

b. \(\$ 14,850\)

c. \(\$ 15,000\)

d. \(\$ 15,300\)

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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