Why would a gasoline station owner establish such a policy

Reference no: EM13899590

1. At some Texaco, Chevron, or Conoco gasoline stations, the cash price per gallon is 3 or 4 cents less than the credit price per gallon. As a result, many customers pay cash rather than use their credit cards. Why would a gasoline station owner establish such a policy?

2. Assume that you purchased merchandise with credit terms 2/10, n/30. On the date the invoice is due, you don't have the cash to pay the invoice. However, you can

A. multiple-step form

B. single-step form

C. direct form

D. report form.

Reference no: EM13899590

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