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Refer to Instruction 2-1.Carolyn Clark,a full-time student at Atlanta State University,works at the Barclay Dress Shop.In order not to violate the FLSA,the least salary that Barclay could pay Clark for her 28-hour workweek is __________.
Equivalent Single Discount
A single, consolidated discount rate that is equivalent in value to a series of multiple discounts applied successively.
Complement Rate
A rate equal to 100% minus the discount rate; used with the complement method in determining trade or cash discounts.
Net Price
The actual price paid for a product or service after deducting any discounts, rebates, or promotions.
Complement Method
Method of computing the net price directly, using the complement of the trade discount rate.
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