Discussion Questions/paragraph Format

Week Two Discussion and Answers1.Read Ch. 8 of Business Math. Consider the following as you read: Understand discounting and invoicing terms?Discounting and invoicing terms help customers understand the credit period and discount they can get from the business. Customers can be able to take advantage of discounts such as quantity discount and payment discount. Typically invoice terms are to try to get paid as soon as possible. For example net 30 invoicing terms which are common in business means that the customer must pay within 30 days of receiving the invoice. Invoicing terms with a discount 30Net10 indicate that the customer should pay within 30 days and will get a discount if they pay cash.References BIBLIOGRAPHY \l 7177 Cleaves, C., Hobbs, M., & Noble, J. (2016). Business Math, 11th Edition. Pearson Learning Solutions.2.Read Ch. 9 of Business Math. Consider the following as you read: How to evaluate markups based on cost and selling price?Markups based on cost are a percentage of the cost, when evaluated against selling price markups become sales margin. If one has a product that costs $15 to buy or make, one can calculate the dollar markup on selling price this way using the following