A Photo Shop Buys Some Merchandise with an Invoice Date

question 98

Short Answer

A photo shop buys some merchandise with an invoice date of March 25. The terms of sale are 3/10, n/30. Find the discount date.

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Definitions:

Social Networking

The use of internet-based platforms and technologies to build, engage, and share content, ideas, and interests with others in virtual communities and networks.

Digital Divide

The discrepancy between those who have access to the opportunities and knowledge that computers and the Internet offer and those who do not.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

Internet

A vast network of computers and other electronic devices connected globally, allowing for data exchange and communication across the world.