A sales invoice included the following information: merchandise price, $9,400; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,000 added to the invoice. Assuming that a credit for merchandise returned of $800 is granted prior to payment and the invoice is paid within the discount period, what is the amount of cash that should be received by the seller? O a. $10,306 Ob. $9,514 O c. $792 Od. $11,098 Previous Next
