A Company Makes a Purchase for $250 on December 1

question 114

Multiple Choice

A company makes a purchase for $250 on December 1, terms 2/10 n/30. How much will the discount be if the amount is paid on December 16?

• A) $5
• B) $0
• C) $10
• D) $25

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Definitions:

Receiver

The individual or entity that obtains or is intended to obtain the content of a message from a sender, completing the communication process.

Nonverbal Communication

The transmission of information or feelings without the use of spoken words, through gestures, facial expressions, and body language.

Feedback-seeking

The behavior of actively seeking information about one's performance, behavior, or the impact of one's actions on others.

Regulate

Means to control or maintain the rate or speed of a process or system by making adjustments or imposing controls.