Business, 28.07.2021 02:40 jadenweisman1

A buyer of $7,000 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of: a. 100
b. 77
c. 1155
d. 770
e. 231

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A buyer of $7,000 in merchandise inventory failed to take advantage of the vendor's credit terms of...

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