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A sales invoice included the following information: merchandise price, $15,000; terms 1/10, n/eom, FOB shipping point. Assuming the invoice is paid within the discount period,

A sales invoice included the following information: merchandise price, $15,000; terms 1/10, n/eom, FOB shipping point. Assuming the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?

a. $14,850 b. $12,500 c. $15,150 d. $15,000

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