Jones manufacturing purchased $10,000 of merchandise inventory on account from a vendor and paid a $500 freight bill. the credit terms are 2/10 or n/30. because some of the merchandise was not needed, jones manufacturing returned $2,000 the same day. jones manufacturing uses the perpetual inventory system and made payment for the merchandise, less the return, within the discount period.
what is the final cost of the merchandise inventory for jones manufacturing from this purchase? a. $8,000b. $8,340c. $7,840d. $10,094

What is the final cost of the merchandise inventory for Jones Manufacturing from this purchase?

$8340

Explanation:

Purchased10000

Freigth Bill500

Credir terms2/10 n/30

Returned 2000

Purchase10000

Return2000

Net inventory8000

Discount %2%

Discount 160

Net inventory7840

Freigth Bill500

Final cost8340

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; societal marketing;