A trade discount is:
(A) A term used by a purchaser to describe a cash discount given to customers for prompt payment.
(B) A reduction in selling price below the list price.
(C) A term used by a seller to describe a cash discount granted to customers for prompt payment.
(D) A reduction in price for prompt payment.
(E) Also called a rebate.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A trade discount is: (A) A term used by a purchaser to describe a cash discount given to customers for prompt payment. (B) A reduction in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Hanson Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,500,000 of 5% convertible bonds outstanding during 2018. The preferred stock is convertible into 40,000 shares of common stock.
Answers (1)
A fire causes $25,000 in damage to company's tools and equipment. If the company has a commercial property insurance policy with $5,000 deductible, how much will the company have to pay to repair the damage?
Answers (1)
What two reasons would cause you to not give a customer a quote
Answers (1)
Businesses have no control over this environment
Answers (1)
If two patients need the same resources in the same medical situation, it is justifiable, when resources are scarce, to limit them to patients having insurance and showing an ability to pay for the resources.
Answers (1)
New Questions in Business
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 190.00 Variable expenses per unit $ 94.
Answers (1)
The purchase of new software is part of this expenditures approach for calculating the GDP. A. consumer spending B. sum of government spending C. sum of all the country's businesses spending on capital D. gross exports E. gross imports
Answers (1)
Mars inc., a manufacturer of cat food in texas, places an ad in a publication aimed at veterinarians. the ad explains why they should recommend mars's cat food to the owners of the cats they treat.
Answers (1)
Joe and his team are working to develop a new product. They have been given a fixed budget and a rough estimate of the time left until the product must hit the market.
Answers (1)
Isabella is a security support manager for a large enterprise. in a recent meeting, she was asked which of the standard networking devices already present on the network could be configured to supplement the specific network security hardware
Answers (1)