Business
Business, 01.07.2020 16:01, scavalieri3746

Stowe-Arts Holdings Co. has a very attractive credit policy, and none of its customers pay in cash when the firm makes a sale. Stowe-Arts Holdings Co. sells to its customers on credit terms of 3/10, net 30. If a customer bought $200,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Stowe-Arts Holdings Co. get from the customer?
A. $196,000
B. $200,000
C. $160,000
D. $185,000

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Answers: 2

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