A wholesaler sold merchandise inventory with in invoice price RO 160,000 to the customer of business and credit terms are 3/10, 1/60. What is the net cost of the goods sold assuming that if the retailer made the payment within the discount period? O a. RO 155,200 O b. RO 4800 OC RO 144,000 O d. RO 160,000 Which of the following will be called as a Merchandising Business? O a. Earns profits from commission only O b. Receives a loan from bank OG Earns net income by buying and selling merchandise Od. Eams net income by buying goods only