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Course54JUU2/quizzes/130473/lake Question 4 0.5 pts On May 4, 2019 Yoda Inc. purchases $18,000 of lightsabers on account with terms 2/10,n/30. Yoda pays the full amount

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Course54JUU2/quizzes/130473/lake Question 4 0.5 pts On May 4, 2019 Yoda Inc. purchases $18,000 of lightsabers on account with terms 2/10,n/30. Yoda pays the full amount owed for the lightsabers on May 13. How much was Yoda's payment to the supplier? On May 18, 2019, Yoda Inc. sells 10 lightsabers on account for $260 each to Skywalker Corp. Yoda Inc. had purchased the lightsabers for a total of $1,200. On May 20, 2019, Skywalker returns 1 lightsaber. Skywalker pays Yoda Inc for the lightsabers on May 29. Which of the following are true regarding the effect of the May 20 transaction on Yoda Inc.? Yoda's cost of goods sold decreases by $120 Yoda's cost of goods sold decreases by $260 Yoda's inventory increases by $260 Yoda's accounts receivable decreases by $120 O Yoda's net sales decreases by $260

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