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Please answer both questions. I really need it. Thanks a lot! Conway Company purchased merchandise inventory with an invoice price of $12,000 and credit terms
Please answer both questions. I really need it. Thanks a lot!
Conway Company purchased merchandise inventory with an invoice price of $12,000 and credit terms of 2/10,n/30. What is the net cost of the goods if Conway Company pays within the discount period? $12,000$11.760$10,800$11,040 Question 2 5 pts Tidwell Company's goods in transit at December 31 include sales made (1) FOB destination (2) FOB shipping point and purchases made (3) FOB destination (4) FOB shipping point. Which items should be included in Tidwell's inventory at December 31 ? (2) and (3) (2) and (4) (1) and (3) (2) and (4) Step by Step Solution
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