Grinn, Inc

question 157

Multiple Choice

Grinn, Inc.offers terms of 2/10, n/30 to credit customers.Great Buy Corp.purchased 100 tile cutters with a list price of $20 each on March 5, 2016, on account.If Great Buy Corp.pays the amount of the invoice for its purchase on March 14, 2016, how much cash will Grinn receive from Great Buy Corp.? ​

• A) $1,764
• B) $2,000
• C) $1,800
• D) $1,960

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Definitions:

Internal Human Capital

The knowledge, skills, and abilities that employees possess, which are utilized and valued within their current organization.

HR Policies

Guidelines and structured plans created by an organization to manage its human resources and provide fair treatment to employees.

Multinational Strategy

A strategic framework employed by corporations that operate in multiple countries, focusing on global operations, localization, and international competition.

Geographical Area

The specific physical locations or regions in which an organization operates or targets as part of its business activities.