Amount of trade discount equals:
A) List price × trade discount rate
B) List price + trade discount rate
C) List price divided by trade discount rate
D) Net price × trade discount rate
E) None of these
Correct Answer:
Verified
Q54: The complement of 35% is:
A)53%
B)65%
C)56%
D)165%
E)None of these
Q55: An invoice dated March 6 with terms
Q56: 2/10, n/30 is an example of:
A)Ordinary dating
B)Receipt
Q57: The credit period is:
A)Always shorter than the
Q58: The single equivalent discount rate of the
Q60: Roland Corporation buys stoves from a wholesaler.
Q61: Match the following terms with their definitions.
-List
Q62: The net price equivalent rate of 3/7/13
Q63: Brenda purchased a total of five computers
Q64: Match the following terms with their definitions.
-Credit
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