a company purchased $3,800 of merchandise on july 5 with terms 1/10, n/30. on july 7, it returned $420 worth of merchandise. on july 8, it paid the full amount due. the amount of the cash paid on july 8 equals:

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24-10-2022
Business

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a company purchased $3,800 of merchandise on july 5 with terms 1/10, n/30. on july 7, it returned $420 worth of merchandise. on july 8, it paid the full amount due. the amount of the cash paid on july 8 equals:

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SakshTiwari353 SakshTiwari353 · Answer 1 · 2022-10-31T08:33:31-04:00

On July 5, a Company made a $3,800 purchase under the terms "1/10, n/30. It had $420 worth of goods returned on July 7. The entire sum was paid on July 8th. $3,346 is the total amount of the cash paid on July 8.

What transpires after an acquisition of a business?

When one firm buys the majority or all of the shares of another to take over that company, the transaction is known as an acquisition. Buying more than 50% of the stock and other assets of the target company entitles the buyer to decide what to do with the newly acquired assets without seeking consent from the other shareholders.

How is the worth of the goods determined?

What Constitutes Gross Merchandise Value? GMV is computed by dividing the total quantity of products sold within a specific time period by the price of those commodities. GMV is calculated as Sales Price x Number of Sold Goods.

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