Choose the appropriate letter to match the term with the definition. There are more definitions than terms.

1. Outstanding Check	a. When a company accepts goods back from a customer.
2. Sales Returns and Allowances	b. When companies reduce price for a sale and then raise it back again.
3. Discount Period	c. Net income divided by gross profit.
4. Net Sales	d. Gross profit divided by total assets.
5. Net Income	e. Sales revenue minus all expenses.
6. NSF Check	f. The longest amount of time a company has to pay a supplier the gross amount owed.
7. Maximum Credit Period	g. When a check has been written but has not yet been recorded by the check writer's bank.
8. Gross Profit Percentage	h. Sales revenue minus all sales discounts, credit card discounts, and sales returns and allowances.
	i. The length of time a company has to pay a supplier and still receive an early payment discount.
	j. Gross profit divided by net sales.
	k. When a check has been written on an account that does not have enough money to cover it.