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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Related Book For
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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