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Professor Elliot told his students that if his door was open,it meant that he was available to them and would gladly answer any questions they might have.But if his door was pushed almost completely shut,it meant that he was busy and would prefer not to answer questions at that time.Professor Elliot's door being open was __________ for __________.
Gross Method
An accounting method where purchases are recorded at their gross price, without deducting any discounts at the time of purchase.
Merchandise
Products or goods that are bought, sold, or traded in the course of business.
Trade Discount
A reduction from the list price granted by a seller to a buyer, often based on volume or trade practices.
List Price
The initial sales price of a product or service before any discounts or allowances are applied.
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