Wednesday

September 3, 2014

September 3, 2014

Posted by **Anonymous** on Thursday, October 6, 2011 at 10:53pm.

(a) single equivalent discount

(b) amount of discount

(c) 3 / 10 , n / 30

(d) 5 / 10 , 3 / 15 , n / 30 e.o.m.

(e) R.O.G.

(16) __________ the product of the percent discount and the cost of merchandise

(17) __________ the difference between 1.00 and the net cost rate factor

(18) __________ terms of sale begin on the date the goods are received by the buyer

(19) __________ the credit terms of an invoice where the credit periods begin on the first day of the month after the date of the bill

(20) __________ if a payment is made within 10 days of the billing date a discount of 3% is allowed

16.d

17.c

18.e

19.b

20.a

Can someone please check these answers for me and make sure if there correct if not please lead me towards the right direction.

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