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Exercise ns. Fardi Company purchases $70,000 of inventory from a wholesaler who allows 45 days to pay. In addition, the wholesaler offers a 3% discount

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Exercise ns. Fardi 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/46, 0.03/12 D) 3/12, n/46

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