the cash discount terms for a $500 purchase are 4/10 net 30,the number $500 refers to
A) the original price owed on the merchandise.
B) the total amount owed if paid within 10 days.
C) the total discount in dollars if the bill is paid on time in 30 days.
D) the manufacturer's suggested wholesale price.
E) the total penalty in dollars if the bill is paid after 10 days.
Correct Answer:
Verified
Q269: Which of the following statements about everyday
Q275: the terms of the trade discount are
Q276: Q277: glass blowing studio makes fine pieces of Q278: the terms of the trade discount are Q279: purpose of a cash discount is to Q281: promotional allowance refers to Q283: After offering a promotional allowance,the price of Q284: discounts,reductions from list or quoted prices to Q285: price reduction given when a used product![]()
A)
A) a one-time discount
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents