Floors, Inc

question 100

Multiple Choice

Floors, Inc.offers terms of 2/10, n/30 to credit customers.Tile Magic Corp.purchased 100 tile cutters with a list price of $20 each on August 5, 2015, on account.
Tile Magic Corp.paid the invoice on August 31, 2015.How much sales discount will Floors recognize?

• A)$ -0-
• B)$ 40
• C)$ 200
• D)$ 236

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Definitions:

Various Countries

This term refers to the numerous and diverse nations that exist around the world, each with its own government, culture, and geography.

Atkinson And Shiffrin

Psychologists who proposed the multi-store model of memory, including the sensory register, short-term memory, and long-term memory.

Explicit Memories

Memories that can be intentionally and consciously recalled, such as facts and events.

Implicit Memories

Memories that are not consciously recalled but affect behavior and knowledge, such as skills and tasks learned through repetition.