Question 3 4 pts On January 5 2017 Boise Cascade Company pur

Question 3 4 pts On January 5, 2017, Boise Cascade Company purchased $5,000 of inventory from a vendor with credit terms of 2/10, n/30. If Boise pays the vendor on January 10, 2017, the amount of the pa yment is: $4,900 $4,500 $5,000 $4,000 none of the above are correct

Solution

Amount of payment = 5000*(1-0.02)= $4900