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NASCLAProcurement and Contracting Requirementsmedium

Eligible stored material is invoiced at $96,000 and the contract allows 90% payment on stored materials. What amount is payable for that material?

Correct Answer

A) $86,400

Payment is $96,000 x 90% = $86,400.

Answer Options
A
$86,400
B
$9,600
C
$90,000
D
$106,667

Why This Is the Correct Answer

Payment is $96,000 x 90% = $86,400.

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