Idis 240 certification - Study guides, Class notes & Summaries

List Price - Nationally advertised price. Listed price of the product Selling Price - List price - Trade discounts. Price that is shown on the invoice Net Price - Selling Price - allowable discounts (cash discounts). Customer doesn't pay the full selling price and a cash discount is announced to pay the bill as soon as possible Net Sale - Actual money received after discounts and adjustments COGS - cost of merchandise to be sold + freight from the manufactrer FOB - free on board. Who pay...