If the Terms of the Trade Discount Are Listed as "20/10/5

Multiple Choice

If the terms of the trade discount are listed as "20/10/5," the number "20" represents

A) 20 percent of the suggested retail price that is available to the retailer to cover costs and provide a profit.
B) 20 percent of the suggested wholesale price that is available to the wholesaler to cover costs and provide a profit.
C) 20 percent of the suggested retail price that is available to the jobber to cover costs and provide a profit.
D) 20 percent of the manufacturer's suggested retail price that is available to the ultimate consumer.
E) 20 percent of the suggested retail price that is the profit margin to the manufacturer.