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How much discount will the company get

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Reference no: EM132613860

Problem 1: Fibre Optics Sdn Bhd buys on terms 2/15 net 30 and typically pays on the 30th day of the purchase. Net purchases amount to RM720,000. How much discount will the company get if they are able to pay within 15 days discount period?

Option a. RM13,600

Option b. RM12,100

Option c. RM15,300

Option d. RM14,400

Reference no: EM132613860

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