Questions tagged [discount]
The discount tag has no usage guidance.
34 questions
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How do programs like GoodRX make money?
There are a variety of prescription discount card programs; I use GoodRX only as an example but my question applies to them all.
How do these things make money?
My local pharmacy just keeps a couple ...
- 179
1
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1
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805
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How do I reflect discount on a Treasury Note
I bought Treasury Note for long duration, for $1000 par
I had huge discount, i.e i only had to pay $800
How do I reflect this $200 discount in tax return?
Will I be sent an INT form?
Or do I ...
- 419
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1
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1k
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What does a negative plan discount mean on a medical insurance claim in the United States?
I saw the following medical insurance (Aetna) claim in the United States:
What does the negative plan discount mean?
- 11.5k
0
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2
answers
99
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Why Is Irs Taxing Discount on 2 Year note
I bought 2 year note for $100, and got discount of $10. So really, I paid $90 for $100 Note.
Now IRS says I need to pay tax on $10 discount. I received form 1099-B. They say long term capital gain. ...
- 419
0
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1
answer
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Sales Discount Journal Entry [closed]
I have this problem that I have found difficult to solve. First am not a professional accountant so it might be a bit obvious to accountants bear with me. I will explain the question with an example
...
- 103
0
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1
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337
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What to deduct first from the discount? Is it the percentage or amount?
How to calculate a discount which have both deductions using Percentage and Amount at the same time.
For e.g. Total Amount is 60,000 where I want 10% and 1,500 Discount. So if we deduct the 1,500 from ...
- 493
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1
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350
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Are friends and family discounts or employee discounts taxable?
I recently read this article which says in Canada:
"barter transactions are only taxable when the goods or services you're giving up are of the kind generally provided by you in the course of ...
- 2,592
26
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6
answers
10k
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Why would a home insurer offer a discount based on credit score?
Recently I received a letter from my home insurance company:
Thank you for being a Gore Mutual customer.
We're working hard to ensure that our products are competitive. And we want to provide ...
- 1,733
0
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2
answers
714
views
Holding period return and YTM
Suppose I purchased a 2 year bond at par $1000 paying 10% annually. Then the YTM is 10% but the holding period return would be 20%. Shouldn't those 2 values be the same since I am holding the bond to ...
- 271
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1
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What's the correct way to show a credit or discount on an invoice or order summary? [closed]
Is there a standardized way to express discounts or credits in an order summary?
Example...
Sub total: $20
Discount: -$10
Total: $10
I've seen discounts expressed as -$10, $-10, ($10), and +$...
- 111
1
vote
2
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310
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Calculate order discount correctly when Tax is set per unit?
I'm sure this has been asked before, but I could not find an answer when I searched. Lets say I have an invoice with 3 line items shown below (All excluding tax)
SomeItemOne - Cost:£2.45 | Qty:1
...
- 155
0
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1
answer
226
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Question on Net Present Value, Discount rate, and Opportunity Cost
I recently viewed a Youtube on Net Present Value (NPV), to gain a better understanding of the concept. Towards the end of the video the uploader makes the claim that the project has added value to ...
- 111
2
votes
1
answer
132
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How bidders determine price for T-bills?
Let's take for example 4 week T-bill issued today, 3/1/2018 (https://www.treasurydirect.gov/instit/annceresult/press/preanre/2018/R_20180227_1.pdf).
Price of t-bill is determined on auction by ...
- 21
4
votes
1
answer
1k
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Is a discount on rent for work done reportable as income?
If a person is renting a place that might normally rent for $2000 per month, and landlord agrees to a rent of only $1500 per month so long as the renter does certain maintenance and other chores ...
- 9,805
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2
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Does AAA really provide Disney World discounts? Was I just ripped off?
Today I bought 2 day (august 20-21) "park hopper" for 3 adults from AAA . So AAA charged me $821.
I'm looking at Disney's website and it looks like I might have got ripped off. The same 2 day "...
- 1,109
5
votes
2
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1k
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What is a Discount Called in the Context of a Negative Interest Rate?
I was reading this article about negative yields on bonds when I wondered if you'd still call a Discount a... Discount or something else in this context?
In the example, the interest rate is -0.05% ...
- 193
3
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1
answer
3k
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How to respond to a customer's demand for payment extension?
I have a client who wants to purchase an artwork. After three weeks of questioning about my artwork finally he is convinced to buy it. I have offered him discount after his multiple request and 15 ...
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2
votes
1
answer
127
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When does it make sense to buy an annual rather than a monthly pack?
My TV provider offers me a monthly package, but lets me prepay for a longer duration at lower price. Here are the options:
₹100 monthly
₹567 semi-annually
₹1,098 per annum
₹2,100 biennial
All these ...
- 672
0
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3
answers
619
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Employee discount on auto sale, possible to profit from?
Assuming this is legal (California, US), can I resell a vehicle which was purchased for me with a 25% off employee discount with my money by a friend. The friend has the 25% employee discount, and is ...
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5
votes
2
answers
176
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Should I do the volume discount even if it will strain my short-term budget?
For simplicity let's say my monthly food budget is $500.
My university has a plan where if you buy $400 worth of 'university currency' you get another $100 free.
If I were to do that, I would save $...
7
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3
answers
855
views
How do I account for 100 percent vendor discounts in GnuCash 2.6.5
Consider this simple scenario, where I am running the accounts for a small business. No need to get into fancy standards (e.g. GAAP).
A vendor sends my company a bill for $100. The work is complete ...
- 241
3
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2
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2k
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Does Amazon.com offer price protection on purchases? If so, how do I request a refund?
I bought an XBox One from Amazon.com 2 weeks ago. Since then both Walmart and Best Buy have dropped the price by $50.00. Does Amazon.com offer any sort of price protection?
If they do, how do I go ...
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2
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2k
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Does a restaurant have to pay tax on a discount?
I have a coupon which gives me 25% discount in a restaurant. Does the restaurant pay tax (and therefore should they charge me tax) on the full amount, pre-discount, or the amount after the discount?
...
- 34.3k
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1
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Discount Rate vs. IRR
The more I learn about the discount rate and IRR the more confused I get.... This is related to real estate.
My confusion is that I've read that you should use your desired rate of return for the ...
- 347
4
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2
answers
515
views
Going carless: how long before insurance no-claims benefits and good history become invalid should wish to become a car owner in future?
Going carless: how long before car insurance no-claims benefits and good history become invalid should wish to become a car owner in future?
Update:
Based in UK, would keep license. Reason for going ...
- 173
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4
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2k
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Is it worth prepaying to get a 10% discount?
I'm looking at paying for hosting, and I have prepayment options available:
Prepayment for one year earns a 10% discount, and prepayment for two years earns a 15% discount.
Is it better to pay ...
- 7,437
5
votes
4
answers
4k
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Can I get a discount on merchandise by paying with cash instead of credit?
I heard that if you offer to buy a car or a flat screen TV for example with all cash, you can usually get a discount instead of using credit. Is this true and has anyone tried it?
I also heard that ...
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3
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4
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Rebate vs Discount
What makes more sense?
Giving buyers a discount on pricing based on everything they would buy. (I suppose they could potentially buy more?)
Raising the price on items but giving customers a rebate ...
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4
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1
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6k
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Is a defensive driving course worth the money? How much is a typical insurance discount?
My car insurer offers a defensive driving discount. I'm under 30, never had an accident or ticket, and paying a pretty cheap rate already, but paying less is always better.
The insurer's published ...
- 7,437
5
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3
answers
382
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How can you be sure you're getting the best prices on airfare and hotels from travel websites?
I know people don't use travel agencies anymore as there are so many do it yourself websites available, but with everyone touting themselves as "discount", how can you be sure you're getting the best ...
- 8,713
27
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8
answers
11k
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Why do stores and manufacturers use mail in rebates? A scam, or is there a way to use them effectively?
Why do companies use mail in rebates? Are they a scam or is there a way to use them without getting shafted?
I've used mail in rebates before but it seems like a gamble – half the time I end ...
- 31.8k
11
votes
8
answers
400
views
If there's no volume discount, does buying in bulk still make sense?
If I'm buying household items that get used up (e.g; furnace filters, soap, etc.) is it still worthwhile sometimes to buy a bunch, even if there is no volume discount, or am I wasting money?
p.s. ...
unknown
8
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1
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208
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How can I save money on home insurance?
What are some of the easy or not-so-easy ways to save money on home insurance?
bms1
8
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4
answers
951
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How can I save money on car insurance?
What are some of the easy or not-so-easy ways to save money on car insurance?
bms1