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The single equivalent discount rate of the trade discount 5/4/1 is
re there 3 successive discounts 5%, 4% and 1% ? if 3 successive discount, a, b and c then net discount = a + b + c – (ab/100 + bc/100 + ca/100 – abc/10000) = 5 + 4 +1 – (20/100 + 4/100 + 5/100 – 20/10000) = 9.712 % = 0.09712
Expert answered|latefisher|Points 2049|
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Asked 6/7/2012 9:49:42 PM
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As the Human Resources Manager, identify the criteria you would consider in selecting a candidate, and explain why you would use these criteria
Weegy: The criteria used by a human resources manager depends on the company's needs and the type of job involved. The criteria used to select candidates may include work experience, educational background and previous workplaces (More)
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Asked 6/2/2012 9:24:08 PM
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4/10, n/30 R.O.G. means a 4 percent discount can be taken within 10 days before receipt of goods. a. True b. False
Weegy: The answer is false. (More)
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Expert Answered
Updated 3/6/2013 8:55:24 PM
3 Answers/Comments
4/10, n/30 R.O.G. means a 4 percent discount can be taken within 10 days before recept of goods. This statement is False . The correct accounting interpretation is 4% discount for the payment within 10 days and the full amount to be paid within 30 days
Added 3/6/2013 8:26:00 PM
This answer has been flagged as incorrect.
Flagged by debnjerry
4/10, n/30 R.O.G. means a 4 percent discount can be taken within 10 days before receipt of goods. This is false. R.O.G. means the discount can be taken within 10 days AFTER receipt of goods.
Added 3/6/2013 8:54:23 PM
This answer has been added to the Weegy Knowledgebase
mouthofdasouth, please answer in a sentence that restates the question and provide a source for you answer.
Please read the basic rules
Added 3/6/2013 8:55:28 PM
The markdown percent is calculated by what
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Updated 73 days ago|11/27/2015 12:53:36 PM
1 Answer/Comment
The markdown percent is calculated by the amount of markdown divided by original selling price.

Added 73 days ago|11/27/2015 12:53:36 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [11/27/2015 5:57:48 PM]
The complement of 25 percent is 52 percent. a. True b. False
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Net price times single equivalent discount rate equals amount of trade discount. a. True b. False
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