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A business offers credit terms of 2/15, n/30. These terms indicate that: A. the total amount of the invoice must be paid within 15 days
A business offers credit terms of 2/15, n/30. These terms indicate that:
A.
the total amount of the invoice must be paid within 15 days of the invoice date
B.
the buyer can take a 2% discount if the bill is paid within 30 days of the invoice date
C.
a discount of 2% can be taken if the invoice is paid within 15 days of the invoice date
D.
no discount is offered for early payment
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