If Perkston's Aquatic Store, a retailer of aquarium fish and supplies, buys one 200-gallon fish tank from Merida's Aquarium Products, it will be billed $329. If it buys more than six in the upcoming year, it will get a 20 percent discount on each aquarium. This savings is referred to as a:

A. functional discount.
B. trade discount.
C. single-order discount.
D. cumulative discount.
E. promotional allowance.


Answer: D

Business

You might also like to view...

Greg and her, the olympic medalists won the skating competition

What will be an ideal response?

Business

The end of a presentation should be impactful, but it is not as important as the beginning

Indicate whether the statement is true or false.

Business

________ is an accounting approach based on specific accounting requirements set by governmental taxing agencies.

A. Forensic accounting B. Benchmarking C. Managerial accounting D. Tax accounting

Business

Organizational communication is communication that occurs with an organizational context

Indicate whether the statement is true or false

Business