Sales discounts are provided for the following reason: a. To provide a volume discount for goods purchased
Question:
Sales discounts are provided for the following reason:
a. To provide a volume discount for goods purchased
b. To encourage early payment of invoices
c. As a promotional discount provided by a sales rep
d. All of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
b To enc...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles Volume I
ISBN: 978-1260305821
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Question Posted:
Students also viewed these Business questions
-
Purchase discounts are provided by a manufacturer or wholesaler for the following reason: a. Volume of goods purchased during the period b. Volume of goods returned during the period c. To encourage...
-
Jared Payne owns Payne's Sneaker Shop. (Balances as of March 1 are provided for the accounts receivable and general ledger accounts as follows: Durant, $250 Dr.; Lanham, $550 Dr.; Pry, $800 Dr.;...
-
Max Peney owns Peney's Sneaker Shop. (Balances as of August 1 are provided for the accounts receivable and general ledger accounts as follows: Donovan, $375 Dr.; Littler, $900 Dr.; Pry, $750 Dr.;...
-
Calculate the following integral approximately by using the Simpson's method: 3.6 f. f(x) dx X 0.0 0.6 1.2 1.8 2.4 3.0 3.6 f(x) 0 0.13 0.05 0.6 0.43 0.74 0.93
-
Sketch the graph of f (x) = x5/2 on [0, 6]. (a) Use the sketch to justify the inequalities for h > 0: (b) Use (a) to compute f (4) to four decimal places. (c) Use a graphing utility to plot f (x) and...
-
What business-level strategies are these supermarkets currently pursuing?
-
Identify and describe the five main categories into which surety bonds may be classified
-
A vertical, double-pane window, which is I m on a side and has a 25-mm gap filled with atmospheric air, separates quiescent room air at T ,o = 20C from quiescent ambient air at T ,o = - 20C....
-
Camden Biotechnology began operations in September 2 0 2 4 . The following selected transactions relate to liabilities of the company for September 2 0 2 4 through March 2 0 2 5 . Camden's fiscal...
-
GRW Company has the following account balances at the end of the year, before adjusting and closing entries. (All numbers are in thousands of dollars.) Required: Calculate and interpret the year-end...
-
On May 11, 2020, Wilson Purchasing purchased $23,000 of merchandise from Happy Sales; terms 2/10, n/90, FOB Happy Sales. The cost of the goods to Happy was $18,000. Wilson paid $1,300 to Express...
-
You are the accounts payable clerk at Liszt Music. The manager asks you to pay an invoice from the supplier Schumann Co. The date of purchase and the date of the invoice is October 15, 2020, for...
-
If P dollars are invested at 100r percent compounded annually, at the end of 2 years it will grow to A = P(1 + r) 2 . At what interest rate will $484 grow to $625 in 2 years?
-
Describe each of the following in relation to policy development and implementation in the early childhood sector Codes ofpractice Duty ofcare Humanrights Privacy, confidentiality anddisclosure...
-
Martinez Ltd. had the following 2023 income statement data: Revenues $110,000 Expenses 50,900 $59.100 In 2023, Martinez had the following activity in selected accounts: Accounts Receivable Allowance...
-
Write the sequential representation for this binary tree B D A E C G H LL F remember, there are no spaces
-
A corporation issues 13 %, 15-year bonds with a par value of $570,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 11%, which implies a selling price...
-
You are working in the C++ Care Unit. As the patients come in you need to first calculate their BMI with your BMI Machine before they make the appointment. Your scale gives weight in KG but you can...
-
Complete TRY THIS Exercise 2, and then modify the IPO chart information and C++ instructions to indicate that the prices of the latex and Mylar balloons will always be $2.25 and $3.75, respectively....
-
CdF2 (s) Cd+ (aq) + 2 F- (aq) 1. A saturated solution of CdF2 is prepared. The equilibrium in the solution is represented above. In the solution [Cd+] eq = 0.0585 M and [F-] eq = 0.117 M. a....
-
Web Structure Inc. calculated the ratios shown below for 2020 and 2019: Required 1. Identify whether the change in the ratios from 2019 to 2020 is favourable (F) or unfavourable (U). 2. Assess...
-
Silver Bullet Slide Company calculated the ratios shown below for 2020 and 2019: Required 1. Identify whether the change in the ratios from 2019 to 2020 is favourable (F) or unfavourable (U). 2....
-
Refer to Exhibit 17.14 and calculate Focus Metals? solvency ratios for 2019 and 2020 (round answers to two decimal places). Analysis Component: Identify whether the change in each ratio from 2019 to...
-
Accountants should leverage technology such as artificial intelligence and robotic process automation (RPA) to A) Decrease the time spent on mundane tasks and increase the time spent on strategy...
-
Karen wants to have $27,471 in her investment account in 8 years. If her bank offers an annual compound interest rate of 2.6% with monthly compounding, how much should she deposit today?
-
In this task your supervisor has asked you to demonstrate and prove your understanding and ability to use the appropriate charts and tables to present and communicate findings of different categories...
Financial Accounting Excel Working Papers CD To Accompany 6th Edition - ISBN: 0470245212 - Free Book
Study smarter with the SolutionInn App