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Business

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Merchandising

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12 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    This discount encourages the buyers to purchase goods because of the markdowns from the list price

    Cash Discounts

    Trade Discounts

    Sales Discounts

  • 2. Multiple Choice
    30 seconds
    1 pt

    Which of the following is not a reason for sales discounts to be offered to the debtors?

    Increase the amount paid paid by the debtors

    improve liquidity by turning the accounts receivable into cash

    encourage earlier settlement of debts by debtors

    reduce the level of bad debts

  • 3. Multiple Choice
    1 minute
    1 pt

    Conrad purchased merchandise with a list price of P60,000 from the Klean Company. Klean Company offers its customers credit terms 2/10, n/30. What amount should Conrad pay if the cash discount is taken?

    59,400

    60,600

    58.800

    61,200

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