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5 Quiz Swed Help Save & Exit Submit A company purchases merchandise with a catalog price of $26,500. The company receives a 30% trade discount

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5 Quiz Swed Help Save & Exit Submit A company purchases merchandise with a catalog price of $26,500. The company receives a 30% trade discount from the seller. The seller also offers credit terms of 2/10, 1/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise? 10 Multiple Choice $8,321 $7.950. $13,321 $18.550 $18,179.

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