If a buyer is offered the terms of sale of "3/10, net 30" this means that the buyer can receive a 10 percent discount by makingfull payment within 30 days of the billing date.True or FalseTrueFalsetv28

Answered: If a buyer is offered the terms of sale…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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By using excel form entry function, add THREE (3) new entry of any item(s) bought by Jones (29-12-2020), Andrews (30-12-2020) and Sorvino (31-12-2020). 2- Create a PivotTable, place it on the same worksheet and name it as SalesReport
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Assume Clinique expects to sell 3 million ounces of BB cream within the first year after introduction butexpects that half of those sales will come from buyers who would otherwise purchase Clinique’s moisturizer (that is, cannibalized sales). Assuming that Cliniquenormally sells 10 million ounces of moisturizer per year and that the company will incur an increase in fixed costs of $2 million during the first year of production for the BB cream, will the new product be profitable for the company? Refer to the discussion of cannibalization in Appendix 3: Marketing by the Numbers for an explanation of how to conduct this analysis. (AACSB: Written and Oral Communication; Analytical Thinking)
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Suppose that Mac only kept track of the number of magazines sold. Would thisgive an accurate representation of the demand for the Journal? Under what circumstances would the actual demand and the number sold be close, and underwhat circumstances would they differ by a substantial amount?
Which of the following losses or outgoings incurred cannot be deducted as a general deduction by a share investor: Group of answer choices Interest on money borrowed to buy shares expected to produce dividends, Investment journals and publications. Investment journals and publications. Subscriptions to share market information services. Management fees or retainers to investment advisers for an initial investment plan. Management fees or retainers to investment advisers for ongoing investment advice.
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/quiz/review.php?attempt=219921&cmid3D155390 Because orders in organizational buying are typically much larger than in consumer buying, buyers must often when the order is above a specific amount, such as $5,000. Select one: a. forgo the purchase because senior management is unlikely to approve it b. create separate orders in amounts less than a certain threshold c. pay estimated sales taxes in advance d. get competitive bids from at least three prospective suppliers e. move up the time required to execute a purchase agreement Your answer is incorrec 12 The study of similarities and differences among consumers in two or more nations or
1. At a local Bed and Bath Superstore, the manager knows her customers will pay no more than $390 for a bedspread. The company wants a 40% markup on selling price. What is the most that the company can pay for a bedspread to realize the required markup?

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If a buyer is offered the terms of sale of "3/10, net 30" this means that the buyer can receive a 10 percent discount by making full payment within 30 days of the billing date. True or False True False