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What is the amount of cash received by the seller

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Question - A sales invoice included the following information: merchandise price, $5,000; terms 1/10, n/eom. Assuming that a credit for merchandise returned of $600 is granted prior to payment, and that the invoice is paid within the discount period, what is the amount of cash received by the seller?

a. $4,656

b. $4,400

c. $4,356

d. $4,950

Reference no: EM132563010

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