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Cash discounts are reductions in price given to the debtor to motivate the debtor to make payment within specified time. These discounts are intended to speed payment and thereby provide cash flow to the firm. They are sometimes used as a promotional device. Examples. 2/10 net 30 - this means the buyer must pay within 30 days of the invoice ...
Thomas Wardle. Sir Thomas Edward Wardle (born 1912 in West Leederville, Western Australia, died in 1997) was a businessman and supermarket proprietor from Western Australia. He was best known for his "Tom the Cheap" supermarket chain as well as revolutionising grocery shopping in the state. Wardle was a popular Lord Mayor of Perth from 1967 to ...
This generated 7,000 responses via postal coupons. Bloom's unorthodox marketing, direct sales to the public and low prices quickly gave him 10% of the market taken from the main manufacturers Hoover and Hotpoint. He was soon selling 500 machines a week, financed largely through affordable hire purchase agreements.
The top 10% richest American households had an average of $8.1 million in all assets put together, which may include real estate, cash value life insurance, savings bonds etc.
A new energy label, introduced in 2010, is based on the energy efficiency index (EEI), and has energy classes in the range A+++ to D. [11] The EEI is a measure of the annual electricity consumption, and includes energy consumed during power-off and standby modes, and the energy consumed in 220 washing cycles.
The 10% of the brain myth states that humans generally use only one-tenth (or some other small fraction) of their brains. It has been misattributed to many famous scientists and historical figures, notably Albert Einstein. [1] By extrapolation, it is suggested that a person may 'harness' or 'unlock' this unused potential and increase their ...
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