Records Inc received payment of a $20,000 accounts receivable within 10 days. The terms were 2/10, n/30. Records would show a:
A) trade discount of $400.
B) trade allowance of $400.
C) sales discount of $400.
D) sales allowance of $400.
C
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How do managers benefit from conducting a SWOT analysis?
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P&T Inc. ? P&T Inc. is an emerging company that wants to focus on personal selling, sales promotion, and public relations activities. P&T's management understands that personal selling is about the personal communication aimed at customers, but they feel that determining more specifics about the products they sell will allow them to better achieve their goal. Another important route they would like to take is to learn more about the various types of sales promotion. Finally, management would like to focus more on publicity-based PR. By concentrating on these areas, the company believes that it will be able to successfully create a promotional campaign. Refer to P&T Inc. P&T management knows that ____ is the most effective and least expensive means of communicating product information to
a large number of individuals and organizations. A. advertising B. personal selling C. sales promotion D. public relations E. corporate promotion