A discount store purchased some special product at a list price of $1,600. If the broker gives a 20.25% trade discount, what is the amount of the trade discount?
A) $1,276.00
B) $324.00
C) $950.00
D) $1,706.00
B
You might also like to view...
The binary logit model commonly deals with the issue of how likely an observation is to belong to each group. It estimates the probability of an observation belonging to a particular group
Indicate whether the statement is true or false
Long-term investments are made by the investment center manager for the purpose of ________.
A) increasing profits B) decreasing profits C) increasing interest expense D) decreasing plant assets
TalkTalk, Inc, offers to buy from Voice Media Corporation (VMC) 100,000 smartphones. Without notifying TalkTalk, VMC timely ships phones of a different quality. With respect to the offer and a possible contract, this shipment is an acceptance and A) a breach
B) an accommodation. C) complete performance. D) a counteroffer.
A factor is a financial firm that specializes in buying other firms' accounts receivables.
Answer the following statement true (T) or false (F)