12 f an Electronics manufacturer has a catalogue or list price of OMR300 for a Laptop and sells it to a retailer for list price less a 25% discount, the sale and corresponding account receivable recorded by the manufacturer is OMR225 per Laptop. The discount offered by the manufacturer is known as ______________. a. Trade discount b. Both sales discount and cash discount c. Sales discount d. Both trade discount and sales discount Clear my choice
12 f an Electronics manufacturer has a catalogue or list price of OMR300 for a Laptop and sells it to a retailer for list price less a 25% discount, the sale and corresponding account receivable recorded by the manufacturer is OMR225 per Laptop. The discount offered by the manufacturer is known as ______________. a. Trade discount b. Both sales discount and cash discount c. Sales discount d. Both trade discount and sales discount Clear my choice
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 8P: Captain Whitman Ship Supplies offers terms of 3/15, net 45.
If a purchaser takes the discount and...
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12
f an Electronics manufacturer has a catalogue or list price of OMR300 for a Laptop and sells it to a retailer for list price less a 25% discount, the sale and corresponding account receivable recorded by the manufacturer is OMR225 per Laptop. The discount offered by the manufacturer is known as ______________.
a.
Trade discount
b.
Both sales discount and cash discount
c.
Sales discount
d.
Both trade discount and sales discount
Clear my choice
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