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A company purchased $8,800 worth of merchandise. Transportation costs were an additional $80. The company later returned $1,100 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is: Solution AMount Paid = (8800 + 80 -1100) * 98/100 = 7624.40 THanks .

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Report

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A company purchased $8,800 worth of merchandise. Transportation costs were an additional $80. The company later returned $1,100 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is: Solution AMount Paid = (8800 + 80 -1100) * 98/100 = 7624.40 THanks .

- 1. A company purchased $8,800 worth of merchandise. Transportation costs were an additional $80. The company later returned $1,100 worth of merchandise and paid the invoice within the 2% cash discount period. The total amount paid for this merchandise is: $7,624.40 $7,780.00 $8,704.00 $8,624.00 $7,626.00 Solution AMount Paid = (8800 + 80 -1100) * 98/100 = 7624.40 THanks