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Company A purchased inventory on credit from Supplier B for $50,000. The credit terms are 2/10, n/30. Calculate: a) The amount Company A needs to
Company A purchased inventory on credit from Supplier B for $50,000. The credit terms are 2/10, n/30. Calculate:
a) The amount Company A needs to pay if they avail the discount.
b) The effective cost of the inventory if they avail the discount.
c) The amount of discount if paid within the discount period.
d) The net amount saved by availing the discount.
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