Respuesta :
Answer: $19,600
Explanation:
$20,000×.02 (to reflect the 2% discount) = $4001
$20,0000 - $400 = $19,600
The net cost of the merchandise is $19600 if a company makes a payment was made within the discount period.
What is Discount Period?
The discount window is the time frame between the final day that the discount terms are still in effect and the day that the invoice is typically due.
Given,
Purchase Price = $20,000
Discount = 2%
Required to Calculate Net cost of Merchandise =?
Net Cost = Purchase Price - Discount amount
= $20,000 - 2%(20,000)
Net Cost of Merchandise =$19,400
Thus, the net cost of the merchandise is $19,400 if payment was made within the discount period.
Learn more about the Discount period here:
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