Multiple Choice
How would the terms be stated if a business was offering a cash discount of 5 percent if consumers pay the invoice within 30 days with the full face amount of the invoice due 30 days after that?
A) 5/30, net 60
B) 5/60, net 90
C) 5/15, net 45
D) 10/30, net 60
Correct Answer:
Verified
Correct Answer:
Verified
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