3/10 net 45 EOM translates as ________
A) a 10 percent cash discount may be taken if paid in three days; if no cash discount is taken, the balance is due in 45 days
B) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete
C) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after the end of the month
D) a 3 percent discount may be taken on 10 percent of the purchase if the account is paid within 45 days after the end of the month
C
You might also like to view...
Locus of control refers to the extent to which a person believes circumstances are a function of either one’s own actions or external factors beyond one’s control.
Answer the following statement true (T) or false (F)
It is certainly reasonable to use this conflict management strategy when the issue at hand is something of little importance to you.
a. Acclimation b. Collaboration c. Competition d. Accommodation
Encouraging entrepreneurial activity that focuses on whether we are producing young people with skills energy and ideas would be referred to as operating at what level?
What will be an ideal response?
What is the difference between alpha testing and beta testing?
What will be an ideal response?