The time period within which an invoice may be paid early to receive a discount is called the:
A) credit period.
B) payment period.
C) discount period.
D) cash period.
C) discount period.
You might also like to view...
When a friend is telling you about a great new restaurant she visited, you are distracted by the sight of an attractive person crossing the street and do not attend to your friend’s message. This situation demonstrates ______.
a. It is possible to hear someone without listening them. b. Interpretation is a part of listening. c. Hearing is fundamentally active. d. It is possible to listen to someone without hearing them.
A market-based approach to resolving environmental challenges denies that environmental problems are economic problems that deserve economic solutions.
Answer the following statement true (T) or false (F)
The physical characteristics of a retailer that are used to develop an image and draw customers represent _____
a. goodwill b. aesthetics c. retail image d. atmosphere
If a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow.
Answer the following statement true (T) or false (F)