Trade discounts represent increases to the purchase price.
Correct Answer:
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Q14: Amounts of trade discounts are not fixed.
Q15: Net price times rate of trade discount
Q16: Sellers' catalogs list only the net price.
Q17: The trade discount results if the customer
Q18: The portion could represent the amount of
Q20: Net price plus amount of trade discount
Q21: Those making partial payments are not allowed
Q22: Trade discounts must be paid within the
Q23: 2/10, EOM means the credit period ends
Q24: Knuckles on your hand represent months with
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