Business, 01.03.2021 21:50 raider7831

A buyer of $7,000 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of: a. $70.
b. $1,050.
c. $700.
d. $100.
e. $140

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