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hurtadocrv
28.06.2021 •
Business
9. The cost for a car is $500 000, a decountered of 5% will be offered if the money is peld within 1 year. What is the trade discount?
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Ответ:
The trade discount is the discount of 5% equivalent to $25,000
Explanation:
The question parameters are;
The cost of the car, c = $500,000
The amount the car's list price is discounted = 5%
The duration over which the payment for the car should be made to receive the discount = 1 year
Therefore, the trade discount is the 5% of the list price, which is equivalent to 5/100 × $500,000 = $25,000
A trade discount is a reduction of the retail price of a good which a wholesaler or manufacture of the good gives a trader, which may be a wholesaler or a retailer based on certain agreements, when a group of goods or a particular type of goods is purchased
Ответ:
False
Explanation:
Non-profit organisation are exempted by the government from any sort of taxes to improve their operations and effectiveness. Government health organisation sometimes raise funds through equity investments, and any funds generated thought equity financing comes under tax bracket. In this regard, government healthcare organisations which raise funds by using equity financing are not exempted from income or property tax.