Dennis Has Made a Purchase of $50,000 Using Trade Credit

question 36

Multiple Choice

Dennis has made a purchase of $50,000 using trade credit with terms of 2/10 net 30.How much discount will a he receive if the buyer pays the bill on the net due date?

• A)$0
• B)$500
• C)$1200
• D)$3,000

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Definitions:

General Kinds

Broad categories or types into which objects, concepts, or entities can be classified.

Self-conscious Emotions

Emotions that require self-awareness and reflection, such as guilt, shame, embarrassment, and pride.

Self-conscious Emotions

Emotions that arise from self-reflection or self-evaluation, including feelings such as embarrassment, pride, shame, or guilt.

Prime Emotions

Fundamental emotions that are basic and universally experienced by humans, such as happiness, sadness, anger, and fear.