This topic contains a solution. Click here to go to the answer

Author Question: Merchandise on an invoice dated March 5 is received on March 12 with terms 2/10 ROG. What is the ... (Read 299 times)

audie

  • Hero Member
  • *****
  • Posts: 532
Merchandise on an invoice dated March 5 is received on March 12 with terms 2/10 ROG. What is the last day for the net payment?
 
  What will be an ideal response?

Question 2

Which one of the following statements about the term markon is false?
 
  a. Markon is sometimes used interchangeably with markup.
  b. Markon most often indicates the total amount added to the cost of the total merchandise in department rather than to the amount added to individual items.
  c. Markon is used sometimes to indicate markup based on cost rather than retail.
  d. The term markon is used by retailers, whereas markup is used primarily by manufacturers.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bison

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

April 11

Answer to Question 2

d. The term markon is used by retailers, whereas markup is used primarily by manufacturers.




audie

  • Member
  • Posts: 532
Reply 2 on: Sep 11, 2018
Gracias!


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library