Boise Cascade Company purchases $5,000 of merchandise from a vender with credit terms of 2/10, n/30. Assuming that Boise Cascade pays within the discount period, the total cost of the inventory is ________

What is the practice of marking up prices by 100 percent (or doubling the cost to set the selling price)?

a. symmetrical pricing b. mark-on adding c. margin pricing d. keystoning

Domestic-based export agents perform a valuable service for companies seeking to enter foreign markets. The primary function of these agents is to ________

A) carry on exporting activities on behalf of several producers B) buy the manufacturer's products and then sell them abroad C) buy foreign products and sell them in the domestic country D) seek and negotiate foreign purchases for a commission E) produce and export products to foreign countries