[Answered] Goods purchased for resale are called merchandise inventory. Indicate whether the statement is true ...

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Author Question: Goods purchased for resale are called merchandise inventory. Indicate whether the statement is true ... (Read 72 times)

Marty

Hero Member
Posts: 553

on: Jun 24, 2018

Goods purchased for resale are called merchandise inventory.
Indicate whether the statement is true or false

Question 2

Find the trade discount amount for an order of merchandise with a list price of 25,000 less trade discounts of 30/25/10.
A) 11,812.50
B) 187.50
C) 13,187.50
D) 12,418.25

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Marked as best answer by a Subject Expert

blakcmamba

Sr. Member
Posts: 335

Reply #1 on: Jun 24, 2018

Answer to Question 1

TRUE

Answer to Question 2

C

Marty

Member
Posts: 553

Reply 2 on: Jun 24, 2018

Gracias!

xiaomengxian

Member
Posts: 311

Reply 3 on: Yesterday

Wow, this really help

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