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It gave a 10 percent discount for cash. A homestading farmer could get 160 acres free from the federal government after five years. However speculators controlled the best farmland and they charged more than the raillroads. Railroad sales were improved by offering large blocks to ethnic colonies of European immigrants.
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These discounts are intended to speed payment and thereby provide cash flow to the firm. They are sometimes used as a promotional device. Examples. 2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date.
The Conners is an American sitcom television series created by Matt Williams for ABC as a spin-off continuation of the series Roseanne.It stars John Goodman, Laurie Metcalf, Sara Gilbert, Lecy Goranson, Michael Fishman, Emma Kenney, Ames McNamara, Jayden Rey, Maya Lynne Robinson, and Jay R. Ferguson.
Dickie's Discount Bought by Linfood & Oriel Foods and split up 1977 Early discount supermarket chain with stores in locations such as Exeter and Hastings. In 1977, both Linfood and Oriel Foods purchased the business, with 11 stores going to Linfood, while 9 going to Oriel. Downsway Supermarkets Bought by Fine Fare: 1976