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A business purchased merchandise at the cost of $35,000 on terms of 2/10 n/30 FOB shipping point. Afterwards, it returned $500 of inventory to its
A business purchased merchandise at the cost of $35,000 on terms of 2/10 n/30 FOB shipping point. Afterwards, it returned $500 of inventory to its supplier. If the business paid within the discount period, how much did it pay to its supplier?
Select one:
a.
$34,500
b.
$35,000
c.
$33,810
d.
$31,530
e.
$32,380
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