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How much did pay to the supplier

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Problem 1: A business purchased merchandise at the cost of $15,000 on terms of 1/10 n/45 FOB shipping point. Afterwards, it returned $1,000 of inventory to its supplier. If the business paid within the discount period, how much did it pay to its supplier?

a. $15,000
b. $14,460
c. $13,420
d. $14,800
e. $13,860

Reference no: EM132727216

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