The single equivalent discount rate of the trade discount 5/4/1 is:
A) .09712
B) .90288
C) .00002
D) .99998
E) None of these
Correct Answer:
Verified
Q42: Which month has 30 days?
A)January
B)May
C)June
D)July
E)None of these
Q43: Which of the following is usually not
Q46: The actual credit one receives in making
Q48: 60 days from Nov. 19 is:
A)Jan. 16
B)Jan.
Q53: FOB shipping point means:
A)Seller pays the cost
Q54: The complement of 35% is:
A)53%
B)65%
C)56%
D)165%
E)None of these
Q56: 2/10, n/30 is an example of:
A)Ordinary dating
B)Receipt
Q57: The credit period is:
A)Always shorter than the
Q60: Roland Corporation buys stoves from a wholesaler.
Q60: The net price equivalent rate of 9/15/18
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