Question: Please answer with reason for all why the option is correct and why the other options are incorrect 74. Discount for quick repayment of debt

Please answer with reason for all why the option is correct and why the other options are incorrect 74. Discount for quick repayment of debt is normally referred to as A. Trade discount B.Prompt payment discount C.Cash discount D.Bulk discount

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please answer with reason for all why the option is correct and why the other options are incorrect 74. Discount for quick repayment of debt is normally referred to as A. Trade discount B.Prompt...

Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it Answer with reason for all the 4 options

Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it . An employer should not accept a W-4 if: O A. the...

Quiz# 5 (Q) The following are estimates for four risk assets (A,B,C,D). The portfolio P is an equal weighted portfolio of the four risk assets. Stock A Stock B Stock C Stock D Portfolio P weight 0.25...

Koonce Company manufactures private-label small electronic products, such as alarm clocks, calculators, kitchen timers, stopwatches, and automatic pencil sharpeners. Some of the products are sold as...

6. ADVANCED TOPIC: For the following scores, figure a t test for independent means (two-tailed) and then figure an analysis of variance using the structural model approach from Introduction to the...

How can the normality assumption be checked after fitting a multiple regression model?

Grogan Company pays salaries of $9,000 every Monday for the preceding 5-day week (Monday through Friday). Assume December 31 falls on a Thursday, so Grogan's employees have worked 4 days without...

Firms use recapitalization for different reasons. Recapitalization is the process through which firms make desired changes in their capital structure by using debt to repurchase equity. Firms may...

configuration = AppConfig ( reload = True ) if not request,env.web 2 py _ runtime _ gae: # # if NOT running on Google App Engine use SQLite or other DB # d b = DAL ( " mysql: / / root: root@localhost...

From the following data for a particular period, compute sales and profit variances: Budgeted sales: Actual sales: X, 3,000 units @ Y, 2,000 units @ X, 4,000 units @ Y, 2,500 units @ 20 (standard...

Everly Healthcare has just borrowed $1,000,000 on a five-year, annual payment term loan at a 15 percent rate. The first payment is due one year from now. Construct the amortization schedule for this...

Develop a Gantt chart with the following information. What is the expected duration of the project? What is the critical path? Activity Expected Duration Predecessors A BL 12 8 None None C 5 None D...

LaPaz Companys standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $$9,000$ and budgeted production of 30,000 units. Actual results for the month of October reveal...

The following accounting information pertains to Frost and Wells companies at the end of 2011. The only difference between the two companies is that Frost uses FIFO while Wells uses LIFO. Required a....

Homework #1 Question 4 = Homework: Homework - Chapter 1 - Due Date 9/12... Question 4, SF 1-12 (simil. HW Score: 59.739,239 of 5 points O Points: 0 of 1 Centerpiece Arrangements has just completed...

Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...

A university plans on conducting a survey of its recent graduates to determine information on their yearly salaries. It randomly selected 200 recent graduates and sent them questionnaires dealing...

A researcher is trying to discover the average age at death for people in the United States today. To obtain data, the obituary columns of the New York Times are read for 30 days, and the ages at...

An article reported that a survey of clothing worn by pedestrians killed at night in traffic accidents revealed that about 80 percent of the victims were wearing darkcolored clothing and 20 percent...