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3/7 EOM net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 3% discount if they pay within 7 days after the end of the month indicated on the invoice date. If an invoice is received on or before the 25th day of the month, payment is due on the 7th day of the next calendar month.
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2] For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.
Sherman and the board of directors took a 50% pay cut while other executives took a 30% cut to offset losses. [145] While digital sales grew by 519%, its retail dropped by more than 30% in the same period from the prior year, and the chain reported a US$165 million loss in contrast to a US$6.8 million for the same quarter in 2019.
[30] 1976 Cox Conquest .40 - prototyped only; Samples do exist and the Conquest .40 was a grown up version of the Conquest .15 however due to reorganization with Leisure Dynamics who owned Cox and K&B at the time it was decided not to commence production as K&B already had a .40 sized engine in the market. [30]