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Homework answers / question archive / Given the following information, compute the amount of cash remitted by the customer on February 21

Given the following information, compute the amount of cash remitted by the customer on February 21

Marketing

Given the following information, compute the amount of cash remitted by the customer on February 21.

Feb. 14 - Sale on credit, terms of 1/15, n/30 - $12,000

Feb. 19 - AIIowance granted due to some items being damaged - $600

Feb. 21 - Payment in full received from the customer - $?

A) $11,996.

B) $12,000.

C) $11,286.

D) $11,400.

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