Stan’s Market recorded the following events involving a recent purchase of inventory:
- Received goods for $120,000, terms 2/10, n/30.
- Returned $2,400 of the shipment for credit.
- Paid $600 freight on the shipment.
- Paid the invoice within the discount period.

As a result of these events, the company’s inventory:
a. increased by $115,848.
b. increased by $115,248.
c. increased by $118,200.
d. increased by $115,836.

What two things do you consider when evaluating the time value of money

What are some examples of types of investments on the part of manufactures that result in growth? how does this improve a nation's standard of living?

The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days