2/10, n/30 is an example of:
A) Ordinary dating
B) Receipt of goods
C) End of month
D) Extra dating
E) None of these
Correct Answer:
Verified
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
Q55: An invoice dated March 6 with terms
Q57: The credit period is:
A)Always shorter than the
Q58: The single equivalent discount rate of the
Q59: Amount of trade discount equals:
A)List price ×
Q60: Roland Corporation buys stoves from a wholesaler.
Q61: Match the following terms with their definitions.
-List
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