Arroyo Leather Furniture gives its wholesalers discounts of 30 percent and 10 percent--expecting the wholesalers to pass the 30 percent discount on to their retail customers. These discounts off the manufacturer's suggested retail prices--to cover the costs of the jobs the intermediaries will do--are ______________ discounts.
A) seasonal
B) illegal
C) cash
D) trade (functional)
E) quantity
Correct Answer:
Verified
Q204: The cash discount terms "2/10, net 30"
Q205: A firm has just received an invoice
Q207: Producers offer trade (functional) discounts to:
A) encourage
Q208: A cash discount of 3/15, net 30
Q211: When a buyer receives an invoice for
Q211: Trade (functional) discounts
A) are illegal unless they
Q212: The terms "3/20, net 60" mean that:
A)
Q213: A reduction from the list price given
Q223: A producer of plastic water bottles that
Q238: Cash discount terms of 2/10, net 60
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