A firm purchased goods on January 27 with a purchase price of $1,000 a
A firm purchased goods on January 27 with a purchase price of $1,000 and credit terms of 2/10 net 30 EOM. The firm paid for these goods on February 9. The firm must pay ________ for the goods.
A) $1,000
B) $980
C) $800
D) $900
ANSWER
B
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