How Would the Terms Be Stated If a Business Was

question 180

Multiple Choice

How would the terms be stated if a business was offering a cash discount of 5 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:

Extracorporeal

Occurring or based outside the body, often referring to medical procedures or treatments performed externally.

Corpor/e

A term referring to the body as a whole or to a body or bodily part; in medical terms, it often relates to the main part of a structure.

Cholesterol

A waxy substance found in the blood and in all your cells, which is vital for producing hormones, vitamin D, and bile for digestion.

Bloodstream

The flowing blood within the circulatory system of the body.