Glenn Company purchased merchandise inventory with an invoice price of $7,000 and credit terms of 3/10, n/30. What is the net cost of the goods if Glenn Company pays within the discount period? A. $7,000 B. $6,440 C. $6,860 D. $6,790
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Home » Business » Glenn Company purchased merchandise inventory with an invoice price of $7,000 and credit terms of 3/10, n/30. What is the net cost of the goods if Glenn Company pays within the discount period? A. $7,000 B. $6,440 C. $6,860 D. $6,790