If a $6,750 Sale Is Made on December 30 with Terms

question 69

Multiple Choice

If a $6,750 sale is made on December 30 with terms of 2\10, net 30 and collection is made on January 31 the amount collected is:

• A)$5,400
• B)$6,615
• C)$6,750
• D)$6,885

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Definitions:

Cohesive

Refers to the degree of closeness and solidarity within a group, which affects its productivity and members' satisfaction.

Faulty Team Design

Refers to flaws in the structure or composition of a team that hinder its effectiveness or efficiency.

Underperforming Teams

Groups that fail to meet expected or established standards of performance, often due to issues like poor communication, lack of direction, or insufficient resources.

Strategic Norms

Unwritten rules that align with the long-term goals and strategic objectives of an organization or team, guiding member behavior toward these aims.