Final answer:
The net cost of the goods for Company L when paying within the 2/13, n/30 credit terms discount period is $16,268, after deducting a 2% discount from the invoice price of $16,600.
Step-by-step explanation:
The question pertains to the net cost of goods purchased by Company L with certain credit terms. The invoice price of the merchandise inventory is $16,600 with credit terms of 2/13, n/30.
This means the company can take a 2% discount if it pays within 13 days; otherwise, the full amount is due in 30 days.
Calculating the discount: $16,600 × 0.02 = $332.
So, if Company L pays within the discount period, they can deduct $332 from the invoice price.
Hence, the net cost of the goods if paid within the discount period would be: $16,600 - $332 = $16,268.