Asked by Victor Bedoya on Jun 01, 2024
Verified
A cash discount is usually granted to all of the following except
A) retail customers.
B) retailers.
C) wholesalers.
D) All of these are granted discounts.
Cash Discount
A reduction in the invoice amount by the seller if the buyer pays their bill within a specified time frame, incentivizing prompt payment.
Retail Customers
Individuals who purchase goods and services for personal use from retailers, as opposed to wholesale customers.
- Investigate the fiscal implications of the application of national credit cards on retail commerce.
Verified Answer
MR
Maricel RodriguezJun 01, 2024
Final Answer :
A
Explanation :
Cash discounts are typically offered to retailers and wholesalers to encourage prompt payment, but retail customers are not usually offered these discounts in the same way.
Learning Objectives
- Investigate the fiscal implications of the application of national credit cards on retail commerce.
Related questions
If a Department Store Fails to Make the Entry to ...
On March 1 2016 Mike Dials Purchased a Suit at ...
Major Advantages of Credit Cards to the Retailer Include All ...
SuLin Is Setting Up a Small Construction Shop and Uses ...
Big Stores, Inc \(\begin{array}{cc} \text { Accounts Receivable } & 72,750 \\ \text ...