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A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company returned $275 worth of merchandise and then paid the invoice within the 2% cash discount period. The total cost of this merchandise is:________
A. $3,725.00.
B. $3,925.00.
C. $3,995.00.
D. $4,000.50
E. $4,075.00.

Respuesta :

anonymous7322
The total cost of the merchandise is $3,995 aka C. Hope this helps !!
anthougo

The total cost of the merchandise purchased by the company is E. $4,075.00.

Data and Calculations:

Cost of goods purchased =$4,000

Freight-in = $350

Returned goods = $275

The total cost of goods = $4,075 ($4,000 + $350 - $275)

The cash discount received for early payment = $81.50 ($4,075 x 2%).

Thus, the total cost of the merchandise purchased by the company is E. $4,075.00.

Learn more about the cost of goods purchased here: https://brainly.com/question/15864970

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