Name Chapter 7: Discounts: Trade and Cash PartI Vocabulary Matchup Amount of trade discount A. Amount of time to take advantage of 1. a cash discount B. Seller pays cost of freight C. Actual cost to buyer per dollar 2. Chain discount 3. Cash discount 4. Complement 5. Credit period Two or more trade discounts received second month after sale D. E. Discount period begins when goods are F. Cash discount within first 10 days of G. List price less net price 6. Discount period 7. Due dates 2/10, EOM (after 25th) H Period of time that follows discount 8. period 9. FOB destination 10. FOB shipping point 11. List price 12. Net price 13. Net price equivalent rate 14. Ordinary dating 15. ROG 16, Single equivalent discount rate 17. Terms of sale Buyer pays cost of freight J. List price less amount of trade discount K 2/10, n/30 L. Could be calculated by table look-up M. Criteria on invoice N. 100% less stated percent O. 1-net price equivalent rate -Pr Savings from early payment Q Suggested retail price Part II Drill Complete the following