Net cost of the goods, Hunter Company purchased merchandise

Net cost of the goods

Reference no: EM13144896

Hunter Company purchased merchandise inventory with an invoice price of $12,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Hunter Company pays within the discount period?

a) $11,040

b) $10,800

c) $11,760

d) $12,000

Reference no: EM13144896

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