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Assume the perpetual inventory method is used 1)The company purchased $12,300 of merchandise 2) The company returned $1,800 of merchandise to the supplier before payment

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Assume the perpetual inventory method is used 1)The company purchased $12,300 of merchandise 2) The company returned $1,800 of merchandise to the supplier before payment was made 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $18,600 cash. on account under terms 4/10, n/30. The net cash flow from operating activities as a result of the four transactions is: Multiple Choice $8,592. $8,520. $6,048 $6,300

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