menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 15: Managing Cash Flow
  5. Question
    An Invoice Marked 3/12 Net 30 Means That You Can
Solved

An Invoice Marked 3/12 Net 30 Means That You Can

Question 2

Question 2

True/False

An invoice marked 3/12 net 30 means that you can take a 3% discount if you pay the bill in 12 days but you must pay the entire balance in 30 days.

Correct Answer:

verifed

Verified

Related Questions

Q1: It is possible for a business to

Q3: _ measures a company's liquidity and its

Q4: Cash flow measures a company's liquidity and

Q5: The nice thing about barter is that

Q6: Nearly 80% of companies in the United

Q7: What are the big three of cash

Q8: Some businesses use _,in which a company

Q9: Bill and Henry are discussing the volume

Q10: To avoid cash crises,many owners add a

Q11: For a small business,cash planning is relatively

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines