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Question 9 --/5 View Policies Current Attempt in Progress Marigold Corp. purchased merchandise with a list price of $156000, subject to trade discounts of 30%

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Question 9 --/5 View Policies Current Attempt in Progress Marigold Corp. purchased merchandise with a list price of $156000, subject to trade discounts of 30% and 20%, with no cash discounts allowable. Marigold should record the cost of this merchandise as $1056000. $87360. o $156000. $121680

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