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JDS purchased inventory with an invoice price of $22,000 and credit terms of 1/10, n/15. A day later, JDS returned $2,000 in inventory to its
JDS purchased inventory with an invoice price of $22,000 and credit terms of 1/10, n/15. A day later, JDS returned $2,000 in inventory to its supplier. How much cash will JDS pay if they pay within the discount period?
Select one:
a.
$21,780
b.
$22,000
c.
$20,000
d.
$19,800
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