the terms of the trade discount are listed as "20/10/5," the number "20" represents
A) 20 percent of the suggested retail price that is available to the retailer to cover costs and provide a profit.
B) 20 percent of the suggested wholesale price that is available to the wholesaler to cover costs and provide a profit.
C) 20 percent of the suggested retail price that is available to the jobber to cover costs and provide a profit.
D) 20 percent of the manufacturer's suggested retail price that is available to the ultimate consumer.
E) 20 percent of the suggested retail price is the profit that is available to the manufacturer.
Correct Answer:
Verified
Q202: Suppose a manufacturer quotes price in the
Q271: the cash discount terms for a $500
Q272: manufacturer offers a suggested list price for