Question
Nido Co. has a standing agreement with a supplier for purchasing car parts. The terms of the agreement are 3/15, n/30 from the invoice date
Nido Co. has a standing agreement with a supplier for purchasing car parts. The terms of the agreement are 3/15, n/30 from the invoice date of September 1. The company makes a purchase on September 1 for $5,000 and pays the amount due on September 13. What amount does Nido Co. pay in cash on September 13?
A. $5,000 B. $4,850 C. $150 D. $4,250
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The ASQ Certified Medical Device Auditor Handbook
Authors: Scott A Laman
4th Edition
1953079962, 978-1953079961
