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XYZ Company received an invoice which states that if it pays within 10 days, it will receive a 1% discount. If it doesnt take advantage
XYZ Company received an invoice which states that if it pays within 10 days, it will receive a 1% discount. If it doesnt take advantage of the discount, it still needs to pay its balance within 35 days. Which of the following correctly shows the terms of this purchase?
a. | 10/1, n/35 | |
b. | 10/2, n/35 | |
c. | 35/10, 1/1 | |
d. | 1/10, n/35 | |
e. | none of the above |
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