Calculating discount rate


Question:

Assume that the new trade terms of 2/10, net 30 will increase sales by 15  percent because the discount makes Dome’s price competitive. If Dome earns 20 percent on sales before discounts, should it offer the discount?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.Provide step by step solutions for the above question

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Finance Basics: Calculating discount rate
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