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The Uniform Guidelines on Employee Selection Procedures
State Sales Tax
A tax imposed by a state on sales of goods and services, typically calculated as a percentage of the sale price.
Selling Price
The amount of money charged for a product or service, ultimately determining the revenue generated from sales.
Net 45
A payment term indicating that the full amount is due for payment 45 days after the invoice date.
Sales Discount
A reduction in the price of a product or service offered to customers to encourage prompt payment.
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