Amount of trade discount is represented by the:
A) Base
B) Rate
C) Portion
D) Base divided by rate
E) None of these
Correct Answer:
Verified
Q44: Cash discounts are:
A)Always calculated on list price
B)Sometimes
Q45: If the net price of a stove
Q46: The actual credit one receives in making
Q47: 200 days from March 3 is:
A)September 18
B)September
Q48: 60 days from Nov. 19 is:
A)Jan. 16
B)Jan.
Q50: With terms of 2/10, n/30:
A)Credit period is
Q51: A local college bookstore paid a net
Q52: The net price equivalent rate of 9/15/18
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
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