Multiple Choice
Coranado Company purchases $70,000 of inventory from a wholesaler who allows 45 days to pay.In addition,the wholesaler offers a 3% discount if payment is made within 12 days.These payment terms would be expressed as:
A) 0.03/12,n/45.
B) n/45,3/12.
C) n/45,0.03/12.
D) 3/12,n/45.
Correct Answer:
Verified
Correct Answer:
Verified
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