Solution-What the company net cost of goods purchased

What the company net cost of goods purchased increased by

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Reference no: EM132831272

Zach's Market recorded the following events involving a recent purchase of merchandise:

Received goods for €50,000 on terms 2/10, n/30
Returned 91,000 of the received goods due to inferior quality
Paid P250 freight on the shipment of goods received
Paid the invoice within the discount period

Problem 1: As a result of these events, the company's net cost of goods purchased increased by

Option 1: P482155

Option 2: 949,250

Option 3: P48,270

Option 4: 948,020

Reference no: EM132831272

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What the company net cost of goods purchased increased by

Reference no: EM132831272

Reference no: EM132831272

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