1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tpy6a [65]
3 years ago
11

Sales discounts: A)Refer to merchandise that customers return to the seller after the sale. B)Refer to reductions in the selling

price of merchandise sold to customers. C)Represent cash discounts. D)Represent trade discounts. E)Are not recorded under the perpetual inventory system until the end of each accounting period.
Business
1 answer:
pochemuha3 years ago
5 0

Answer:

C) Represent Cash Discounts

Explanation:

Cash discount refers to a reduction in the price with the objective being prompt payment. A cash discount when offered by a seller is termed as a sales discount.

For example, so as to initiate prompt payment from the buyers, sellers may offer a discount such as 2% if the payment is made within 10 days when the ordinary extended credit period is 30 days.

Such a discount is usually offered by the seller when he/she is low on cash and there is immediate requirement of cash.

A sales discount leads to reduction of gross sales as it is deducted from gross sales to reveal net sales made by a firm during a period.

You might be interested in
If, over a given period, the index of export prices rises by 10% and the index of import prices rises by 5%, the terms of trade
Scrat [10]

Answer:

B) False

Explanation:

When the terms of trade improve, it means that a country is actually selling more goods and services to foreign countries than the total amount of goods and services it is importing from foreign countries. For every dollar that a country is exporting, it is importing less than 1 dollar. But this improvement in the terms of trade will actually result in an appreciation of the domestic currency. This means that for every dollar that you export, you will be able to import more goods from foreign countries.

3 0
2 years ago
_______ involves developing and performing marketing activities across national boundaries.
iogann1982 [59]

International marketing involves developing and performing marketing activities across national boundaries.

<h3>What is marketing?</h3>

Marketing is the process of discovering, developing, and delivering value to satisfy the needs of a target market in terms of goods and services; this may involve choosing a target audience, operating advertising campaigns, participating in trade shows and public events, designing products and packaging that appeal to consumers, and defining the terms of sale, such as the price, discounts, warranty, and return policy.

The seller, who is often a retailer or manufacturer, is responsible for marketing. Tasks are occasionally contracted

To learn more about marketing  from the given link:

brainly.com/question/13414268

#SPJ4

7 0
2 years ago
When a supplies internal service fund records a billing to the general fund, the journal entry in the internal service fund will
g100num [7]
It would be a spider pig 
5 0
3 years ago
Apply concepts what would be the variables on a supply schedule alike and different
uysha [10]

it would be a to d, c to b, d to e

8 0
3 years ago
In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower
raketka [301]

Answer:

B) raise costs and increase demand for its product

Explanation:

A monopolistic competition is when there are many firms operating in an industry. The firms sell differentiated goods and set the market price for their goods and services.

Monopolistic competition engage in advertisement to increase the awareness for their goods.

If advertising is successful , it increases the demand for their goods and services.

Advertising also increases the cost of production.

I hope my answer helps you.

5 0
3 years ago
Other questions:
  • Initially, the exchange rate between Macedonian denars and Canadian dollars is in equilibrium. Then, there is a decrease in dema
    15·1 answer
  • Creighton Company reported the following on the company's income statement for the year. Interest expense $600,000 Income before
    5·1 answer
  • Which type of account typically has low liquidity?
    13·1 answer
  • Barney Corporation recognized a $100 million preferred stock balance on 12/31/2019.
    7·1 answer
  • Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 35,000 barrels of oil
    11·1 answer
  • Suppose a recent college graduate's first job allows her to deposit $150 at the end of each month in a savings plan that earns 6
    7·1 answer
  • 1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in rece
    7·1 answer
  • Write a short summary on how Amazon grew so quickly, and how its relationship with its employees developed over time.
    9·1 answer
  • An owner converted a warehouse to offices. As there was not enough parking for employees, they converted the roof into a parking
    10·1 answer
  • which of the following agencies manages and deploys the Integrated Ballistic Identification System A. FTI B. FBI C. ATF D. DOJ
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!