Question
If payment terms for merchandise are expressed as n/30, this means that a.the buyer can take a 30% discount if payment is made immediately. b.payment
If payment terms for merchandise are expressed as n/30, this means that
a.the buyer can take a 30% discount if payment is made immediately.
b.payment is due within 30 days after the invoice date.
c.payment is due at the end of the month.
d.None of these choices are correct.
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
6th Edition
78025532, 978-0077523732, 77523733, 978-0078025532
