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The primary purpose of a cash discount is to: induce customers to pay promptly. offset the interest charges on an account receivable. compensate customers for

The primary purpose of a cash discount is to:

induce customers to pay promptly.

offset the interest charges on an account receivable.

compensate customers for faulty goods or services.

induce customers to purchase specialty items.

compensate customers for an out-of-stock item.

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