Examlex
The state of consciousness when an individual is totally absorbed by an activity is ____________.
Markup Percent
A percentage added to the cost price of goods to cover overhead and profit, determining the selling price.
Trade Discount
A deduction from the list price of goods or services provided by a seller to a buyer, usually based on the volume of transaction or to maintain a strategic partnership.
Net Price
The price that a distributor will charge a customer after any trade discounts have been subtracted from the list price.
Discount Method
A financing or accounting method where interest and other finance charges are subtracted from the loan amount before the borrower receives funds.
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