Question
Turquoise, Incorporated is trying to decide whether to purchase identical inventory from one of the following suppliers: Cost Supplier A $160 1/10, n/30 Invoice
Turquoise, Incorporated is trying to decide whether to purchase identical inventory from one of the following suppliers: Cost Supplier A $160 1/10, n/30 Invoice terms Shipping terms Shipping cost Supplier B $170 2/10, n/30 FOB shipping point FOB destination $16 $18 Required: Assume the company will pay within the discount period. What is the actual cost of the inventory if purchased from each supplier? (Round your final answers to 2 decimal places.) Supplier A Supplier B Actual cost
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