If a firm's credit terms are 2/10 net 30 days, then customers settling their bills within 30 days will get a 2% discount.
Answer the following statement true (T) or false (F)
False
If a firm's credit terms are 2/10 net 30 days, then customers settling their bills by Day 10 will get a 2% discount and the rest are expected to settle the payment by Day 30 without any discount. See 15-4: Credit Management
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An aggregate plan satisfies forecast demand by potentially adjusting all EXCEPT which of the following?
A) production rates B) labor levels C) inventory levels D) overtime work E) facility capacity
Which of the following is not an objective of estate planning?
a. to prolong the life of the planner through a medically approved regimen of proper diet, exercise, and rest b. to better provide for the economic needs of the planner while alive c. to avoid or minimize the costs, delays, and publicity of probate d. to avoid income and estate taxes in so far as practicable
Card-blocking occurs when you use a debit card (or credit card) to check into a hotel or rent a car and the anticipated expenses are blocked–in effect, placing a hold on the money
Indicate whether this statement is true or false.
For which media category has possession per capita converged most across countries?
a. newspapers b. radio c. television d. magazines