. Maroon Company received an invoice for $242,000 dated November 26th with payment terms 4/5, 3/20, n/45 EOM. a) What is the last day for taking advantage of the 4% discount?

a) What is the last day for taking advantage of the 4% discount? (1 mark)

b) If a partial payment, in the amount of $150,000.00 is made on that day from