How Would the Terms Be Stated If a Business Was

question 199

Multiple Choice

How would the terms be stated if a business was offering a cash discount of five percent if consumers pay the invoice within 30 days with the full face amount of the invoice due 30 days after that?

• A) 5/30, net 60
• B) 5/60, net 90
• C) 5/15, net 45
• D) 10/30, net 60

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Definitions:

Visuals

Images, graphics, or videos used to communicate a message, idea, or concept more effectively.

Business Plan

A detailed document that outlines the strategy, objectives, market analysis, financial projections, and operational framework for a business.

Vivid Vision

A detailed and clear description of what a business or individual aims to achieve in the future.

Written Document

A piece of written or printed matter that provides information or evidence of some kind.