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What is the net cost of the merchandise

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Reference no: EM132504327

Question - A company purchases merchandise with a catalog price of $20,000. The company receives a 35% trade discount from the seller. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise?

A. $13,000.

B. $12,740.

C. $19,600.

D. $13,720.

E. $6,860.

Reference no: EM132504327

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