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8,500 x .03 = e? A buyer of $8,500 in merchandise inventory failed to take advantage of the vendor's credit terms of 3/15, n/45, and
8,500 x .03 = e?
A buyer of $8,500 in merchandise inventory failed to take advantage of the vendor's credit terms of 3/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of: Multiple Choice $850. $100. $85. $255. $1,275Step by Step Solution
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