Question
A retailer returned 2,361 defective items to the manufacturer and received a credit for the retail price of 93 1/3 per item less a discount
A retailer returned 2,361 defective items to the manufacturer and received a credit for
the retail price of 93 1/3 per item less a discount of 9/10 of the retail price.
What was the amount of the credit received by the retailer?
The credit received by the retailer is ______
Round to the nearest cents
a.$1209.15
b.$365.19
c.$390.16
d.$420.54
e.$220.36
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
