Accountancy, asked by Rayyan702, 1 year ago

The effects on purchasing power of a customer due to discount analysis

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Answered by manoj8544
0

Purchasing power affects each facet of the political economy, from customers shopping for merchandise to investors and stock costs to a country’s economic prosperity.

In straightforward terms, Discount is an allowance or concession in value. Discount is given to the client is evoked (lured) to position an order and later to create a payment in time

Discount will be additionally noted as a reduction in value. The vendor deducts the discount from the gross or total value, and therefore the customer is meant to pay the net amount.

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