Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
Invoice
|
A bill for goods.
|
|
Trade Discount
|
Deduction from the catalog price (or list price) of an item usually given to retailers to enable them to sell merchandise at a greater profit.
|
|
Terms
|
Stated time limit within which the buyer must pay for merchandise.
|
|
Cash Discount
|
A reduction in price, often of several percent, offered to a buyer to encourage early payment on an account.
|
|
Markup
|
Amount added by a retailer to the cost price of goods that allows it to cover expenses and make a fair profit.
|
|
Markdown
|
A reduction in the selling price of a product.
|
|
Measurement
|
The act of determining the dimensions, quality, or degree of something.
|
|
Perimeter
|
The distance around an object.
|
|
Circumference
|
The perimeter of a circle.
|
|
Area
|
The number of square units of space on the surface of a figure enclosed by the perimeter.
|