The net price equivalent rate of 9/15/18 is:
A) 0.36573
B) 0.63573
C) 0.36427
D) 0.63427
E) None of these
Correct Answer:
Verified
Q47: 200 days from March 3 is:
A)September 18
B)September
Q48: 60 days from Nov. 19 is:
A)Jan. 16
B)Jan.
Q49: Amount of trade discount is represented by
Q50: With terms of 2/10, n/30:
A)Credit period is
Q51: A local college bookstore paid a net
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
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
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