Isaac Co sells merchandise on credit to Sonar Co in the amount of $9,600. The invoice is dated on April 15 with terms of 1/15, net 45. If Sonar Co chooses not to take the discount, by when should the payment be made?
A) April 30
B) May 30
C) May 15
D) April 25
B
You might also like to view...
When faced with a quantity discount situation, the first EOQ should be calculated using the ________ price
Fill in the blanks with correct word
Complete the following zero-coupon amortization schedule
T (Periods) Beginning Price Interest Earned (8%) Ending Price 1 $63.51 $857.34 2 $68.59 3 $925.93 $1,000.00 What will be an ideal response?
Downloading and installing the MySQL connector/ODBC means that the ________ (name and version) driver will be available in the ODBC Data Source Administrator
Fill in the blank(s) with correct word
Al Ring, Martha Wright, and Jim Brewer wrote a text called Principles of Math. The royalties on the book are to be split equally. Total royalties earned for the year are $9,936. How much is author each entitled to?
What will be an ideal response?