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Solve the Problem. -An Invoice Received from Midtown Office Supply Distributors Is Dated

Question 15

Multiple Choice

Solve the problem.
-An invoice received from Midtown Office Supply Distributors is dated Mar 4 with terms of 2/10 prox. Find the final date on which the cash discount may be taken and the net payment date.


A) Final discount date: Mar 14; net payment date: Apr 3
B) Final discount date: Apr 10; net payment date: May 1
C) Final discount date: Apr 10; net payment date: Apr 30
D) Final discount date: Mar 14; net payment date: Mar 31

Correct Answer:

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