Financial analysts perform reviews of companies to ensure compliance to rules and regulations

A company using the perpetual inventory system purchased inventory worth $20,000 on account with terms of 2/10, n/30. Defective inventory of $3,000 was returned two days later, and the accounts were appropriately adjusted

If the invoice is paid within 10 days, the amount of the purchase discount that would be available to the company is ________. A) $340 B) $460 C) $400 D) $390

Which of the following is a favorable condition for implementing penetration pricing?

A) quality-sensitive customers B) less competitors C) less substitutes D) high sustainable advantage E) easy competitor entry