Net price times single equivalent discount rate equals amount of trade discount.
True
False

Net price times single equivalent discount rate equals amount of trade discount. FALSE.

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Question

Asked 3/9/2012 7:40:38 AM

Updated 9/20/2018 5:17:41 AM

1 Answer/Comment

Edited by Masamune [9/20/2018 3:43:21 AM]

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8

Net price times single equivalent discount rate equals amount of trade discount. FALSE.

Added 9/20/2018 5:17:41 AM

This answer has been confirmed as correct and helpful.

If percent markup on cost and selling price is known, one is able to compute the:
Amount of markdown
Amount of spoilage
Cost
Selling price at wholesale
None of these

Question

Updated 3/27/2017 7:40:29 AM

1 Answer/Comment

If percent markup on cost and selling price is known, one is able to compute the cost.

Added 3/27/2017 7:40:29 AM

This answer has been confirmed as correct and helpful.

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