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BigorU [14]
3 years ago
12

What does​ "2/10" mean, with respect to​ "credit terms of​ 2/10, n/30"?

Business
1 answer:
ANEK [815]3 years ago
3 0

a.  a discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date.

So for example if the bill is $100 "2/10 net 30" and you pay within 10 days, you get a 20 cent discount and the balance is $9.80. If you pay in 30 days, the full 10 dollars is due.

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A CEO wants to make the argument that his company should put policies and structures in place to ensure adherence to the highest
Makovka662 [10]

Answer:

  • Employees prefer to work for highly ethical organizations.
  • Research has shown a correlation between organizations’ commitment to ethics and profitability.
  • Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.

Explanation:

I'm not sure that these statements are all true, but I really hope they are. As an employee I would definitely prefer to work for a highly ethical business, and I think most people would share my preference. There is a strong correlation between ethics and how the business is managed, and if an ethical business is well managed (e.g. employees are treated fairly), then both their employees and customers should notice and that should increase their efficiency and total sales. An increase in efficiency should usually result in lower costs + higher sales = higher profits.

3 0
3 years ago
How many points are in the LEED-NC rating system?<br><br> A. 21<br> B. 45<br> C. 69<br> D. 110
Lerok [7]
B is the answer I hope this helps
7 0
4 years ago
Read 2 more answers
Phillip is a real estate investor. He flips homes: He buys undervalued homes and sells them at a higher price later to make a pr
ZanzabumX [31]

Answer:

$90,000

Explanation:

When we calculate GDP, its not included the value of the resale product because the value of the original product(house) already included in the year. Reselling item and commission added in GDP. Because Dealer gets commission for his service and this is like his income.

Included Amount in GDP = Sale Price × Agent Commission

= $1,500,000 × 6%

= $90,000  

2020, GDP will increase by = $90,000

7 0
3 years ago
A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl
storchak [24]

Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

6 0
3 years ago
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Horace is seeking to exchange money in preparation for his trip to Uruguay. He will need 5,000 Uruguayan pesos, and the exchange
STatiana [176]

Answer:

d. $ 263.50

Explanation:

The Exchange  rate is 1 dollar = 19.924 Uruguayan Peso.

We need to buy 5000 Uruguayan pesos but the agent requires a comision of  a 5%  when converting currency, so really we will need to buy:

5,000 Uruguayan pesos + 5,000 Uruguayan pesos* 0.05 = 5,250 Uruguayan pesos.

Now if we apply the given exchange rate we will obtain the amount of US Dollars we need:

x U$S = (5,250 Ur.$)/(19,924 Ur.$/U$S)= 263,50 U$S needed

7 0
3 years ago
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