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What is the total cost of merchandise purchased

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Point 1: ABC Company regularly buys merchandise from DEF Co. and is allowed a trade discount of 20% from the list price. Crossings made a purchase on March 20, 2016, and received an invoice with a list price of P150, 000, a freight charge of P2, 500, and payment terms of net 30 days.

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Question 1: What is the total cost of merchandise purchased?

Reference no: EM132488399

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