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21. Z-Mart purchased $8,750 worth of merchandise, with terms of 2/10, n/30. The invoice was paid within the discount period. Z-Mart received a discount of 22. A merchandising company's begins with the purchase of merchandise and ends with the collection of cash from sales. 23. expenses support the overall operations of a company. 24. A (n) inventory system requires updating the inventory account at the end of a period. 25. Z-Mart had net sales of $741,800. Its cost of goods sold was and its