Business, 06.04.2021 03:40, chasereynolds6302

1) The company purchased $12,100 of merchandise on account under terms 3/10, n/30. 2) The company returned $1,600 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $18,200 cash. What is the gross margin that results from these four transactions

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1) The company purchased $12,100 of merchandise on account under terms 3/10, n/30. 2) The company re...