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Turquoise, Incorporated is trying to decide whether to purchase identical inventory from one of the following suppliers: Supplier A Supplier B Cost $240 $250 Invoice
Turquoise, Incorporated is trying to decide whether to purchase identical inventory from one of the following suppliers: Supplier A Supplier B Cost $240 $250 Invoice terms 1/10, n/30 2/10, n/30 Shipping terms FOB shipping point FOB destination Shipping cost $24 $26 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.)
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