Juan sells $75,000 of TVs to a customer. The credit terms state a 2% discount if paid in 7 days and a 1% discount if paid in 8-14 days. The customer pays in 12 days. How much cash does Juan receive?
A. $75,000
B. $1,500
C. $74,250
D. $73,500
Answer: C
You might also like to view...
Controversial sexual ads are interesting to viewers, but sometimes fail to transmit key information that will be recalled
Indicate whether the statement is true or false
Which of the following statements about asymmetric-key encryption is correct?
A. When using asymmetric-key encryption method, a total of two keys are necessary in electronic communication between two parties. B. Most companies would like to use a Certificate Authority to manage the public keys of their employees. C. Employees in the same company share the same public key. D. Most companies would like to manage the private keys for their employees. E. Two of the above are correct.
A "nolo contendere" plea in a criminal proceeding can be used by a plaintiff as evidence against
the accused at a subsequent civil trial. Indicate whether the statement is true or false
Kim and Mauborgne distinguish between _________________.
a. Red and blue ships b. Red and blue chips c. Red and blue oceans d. Red and blue colours