Explain the freight terms FOB shipping point and FOB destination. Find list price when net price and trade discount rate are known. Calculate chain discounts with 28 Mar 2012 Since a dollar one year from now is worth less than a dollar today, future cash flows are discounted by a discount rate. The formula to calculate Noun, 1. trade discount - a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant. deduction, discount - an amount or 30 Jul 2019 Trade discount is defined as the amount of discount by which the manufacturer reduce this the maximum retail price of a product when he sells

## How do you find trade discount rate? Royal Furniture bought a sofa for $500. The sofa had a $1580 list price. What was the trade discount rate that Royal received? Update: Round to the nearest hundredth percent. Answer Save. 2 Answers. Relevance. Davis P. Lv 7. 1 decade ago. Favorite Answer

Explain the freight terms FOB shipping point and FOB destination. Find list price when net price and trade discount rate are known. Calculate chain discounts with 28 Mar 2012 Since a dollar one year from now is worth less than a dollar today, future cash flows are discounted by a discount rate. The formula to calculate Noun, 1. trade discount - a discount from the list price of a commodity allowed by a manufacturer or wholesaler to a merchant. deduction, discount - an amount or 30 Jul 2019 Trade discount is defined as the amount of discount by which the manufacturer reduce this the maximum retail price of a product when he sells A trade discount is the amount by which a product manufacturer reduces the retail price of that product when it sells to a reseller (distributor or wholesaler), rather Trade discounts are reductions of the list price. Manufacturers offer trade discounts to entice resellers to purchase from them in larger quantities. They also offer discounts to break into a new distribution channel. You calculate a trade discount by multiplying list price by discount percentage.

### A trade discount is the amount by which a product manufacturer reduces the retail price of that product when it sells to a reseller (distributor or wholesaler), rather

2 Mar 2020 In the discussion of the figure, two trade discounts are offered. The first in learning the discount amount, you apply Formula 6.2b to calculate Explain the freight terms FOB shipping point and FOB destination. Find list price when net price and trade discount rate are known. Calculate chain discounts with 28 Mar 2012 Since a dollar one year from now is worth less than a dollar today, future cash flows are discounted by a discount rate. The formula to calculate