An Invoice Dated October 16 Has Payment Terms of 2/20

question 5

Multiple Choice

An invoice dated October 16 has payment terms of 2/20, n/45. On what date would the cash discount expire?

• A) October 26
• B) November 30
• C) November 5
• D) October 18
• E) December 7

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Definitions:

Economically Disadvantaged

Describes individuals or groups who have less economic resources and opportunities than the average level in society.

Male Sex Workers

Men who engage in sexual relations or activities with others in exchange for money or goods.

Street Hustlers

Individuals who engage in selling goods or services, often of a sexual nature, in public spaces illegally or informally.

Male Sex Workers

Men who provide sexual services to clients for payment. This work can vary widely in terms of context, legality, and social acceptance.