A Firm Offers Its Customers 2/14 Net 28

question 57

Multiple Choice

A firm offers its customers 2/14 net 28. What is the cost of trade credit to a customer who chooses to pay on day 28?

• A)72.4%
• B)32.8%
• C)67.3%
• D)69.3%

---

Definitions:

Apartheid

A policy of racial segregation and discrimination enforced by the South African government from 1948 to 1994.

Viennese Holocaust Memorial

A memorial in Vienna, Austria, dedicated to the Jewish victims of the Holocaust, designed by British artist Rachel Whiteread.

Rachel Whiteread

A British artist known for her sculptures, which often involve casting the space around or within objects to explore presence and absence.

Last Supper

A famous biblical event that was the final meal Jesus shared with his Apostles before his crucifixion, also a popular subject in Christian art.