Business, 16.04.2020 04:40, nyceastcoast

Willetta Company purchases inventory for $22,000 with terms 2/10, n/30. It then returns $3,200 of the inventory purchased to the supplier and also receives an allowance for defective inventory of $220. The company pays the amount due within the discount period. What is the amount of the discount that will be taken? (Round your answer to the nearest dollar amount.)

a. $320
b. $436
c. $372

Answers: 1

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Willetta Company purchases inventory for $22,000 with terms 2/10, n/30. It then returns $3,200 of th...