When calculating a trade discount, the difference between 100% and the percent of the discount is called the:
A) cash discount
B) trade discount
C) net price
D) complement
Correct Answer:
Verified
Q25: A crdit term of 3 / 15,
Q26: A discount of 40 / 35 /
Q27: 1 plus the net decimal equivalent rate
Q28: The amount of credit that should be
Q29: An invoice dated November 17 is received
Q31: The net price equivalent rate is the
Q32: 100% minus the single discount rate is
Q33: The discount price is a catalog price
Q34: The credit period is always longer than
Q35: Credit terms of 2 / 15, N
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents