Multiple Choice
An invoice received from a supplier for $8,000 on January 1 with terms 1/15, n/30 means that the company should pay
A) $6,800 before January 16.
B) either $7,920 before January 16 or $8,000 before the end of the month.
C) $8,000 between January 2 and January 16.
D) $7,920 before the end of January.
Correct Answer:
Verified
Correct Answer:
Verified
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