Floors, Inc offers terms of 2/10, n/30 to credit customers. Tile Magic Corp purchased 100 tile cutters with a list price of $20 each on August 5, 2016, on account. Tile Magic Corp paid the invoice on August 31, 2016 . How much sales discount will Floors recognize?
a. $ 40
b. $ -0-
c. $ 200
d. $ 236
b
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Most business enterprises in the United States are
A) government units. B) partnerships. C) sole proprietorships. D) corporations.
The accounting system uses a device called an account. An account
a. is created each time a transaction takes place. b. accumulates the increases and decreases that occur during the period for a single item. c. is created only for income statement items. d. is created only for balance sheet items. e. None of these answer choices is correct.
Compare and contrast the advantages and disadvantages of undifferentiated targeting, differentiated targeting, and concentrated targeting
What will be an ideal response?
A contract in which a party assumes a secondary obligation must be in writing to be enforceable.
Answer the following statement true (T) or false (F)