The supplier is overstocked in this particular brand of wire

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Reference no: EM131292173

Assume a company orders 100 rolls of wire that has a listed selling price of $100 per roll, but is offered a trade discount of 25% and an additional 10% since the supplier is overstocked in this particular brand of wire. Terms are 2/10/net 30.

Calculate the company’s purchase price of the 100 rolls of wire, assuming it plans to pay the invoice within 10 days.

Reference no: EM131292173

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