A company purchased $4.600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth of merchandise and then paid the invoice within the 1% cash discount period. The 17 total cost of this merchandise is: Multiple Choice points $4,510.00. $4,476.00. $4,644.00. $4,64715. $4,690.00. O O

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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17
A company purchased $4,600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth of merchandise and then paid the invoice within the 1% cash discount period. The
total cost of this merchandise is:
1
Multiple Choice
polnts
$4,510.00.
$4.476.00.
$4,644.00.
$4,647.15.
$4,690.00.
Transcribed Image Text:17 A company purchased $4,600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth of merchandise and then paid the invoice within the 1% cash discount period. The total cost of this merchandise is: 1 Multiple Choice polnts $4,510.00. $4.476.00. $4,644.00. $4,647.15. $4,690.00.
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