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advantage of the 2% discount offered? Select one: a. 25% b. 28% c. 26% d. 27% A business bought inventory for $15,000 and sold it

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advantage of the 2% discount offered? Select one: a. 25% b. 28% c. 26% d. 27%

A business bought inventory for $15,000 and sold it for $20,000 on account with 2/10 n/30 payment terms. How much would the gross margin percentage be on the entire shipment if the business took advantage of the early cash payment terms of 3/15, n/30 from its supplier and the customer also takes advantage of the 2% discount offered? Select one: o O o O a. 25% d. 27%

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