What is a purchase return? Multiple choice question. A purchase return is designed to shorten the payment period between the buyer and the seller. A purchase return refers to merchandise a buyer purchases, but then returns to the seller. A purchase return is the cash discount given for early payment of an invoice. A purchase return refers to merchandise a seller acquires, but then returns to the buyer.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.