What Is Meant by the Term 1

question 41

Multiple Choice

What is meant by the term 1.5/14 net 30?

• A) If the invoice is paid within 14 days, a discount of 1.5 percent can be taken; otherwise the invoice is due in 30 days.
• B) If the invoice is paid within 30 days, a discount of 14 percent can be taken; otherwise the invoice is due 14 days after that day.
• C) If the invoice is paid within 1.5 days, a discount of 14 percent can be taken; otherwise the invoice is due in 30 days.
• D) If the invoice is paid right away, a discount of 14 percent can be taken; otherwise a discount of 1.5 percent can be taken if paid within the next 30 days.

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Definitions:

Ice Cores

Cylinders of ice drilled from glaciers and ice caps, which are studied to understand past climate conditions through the analysis of trapped gas bubbles and particulate matter.

Desert Feature

Characteristics or remarkable landmarks found in desert landscapes, such as dunes, oasis, or rock formations.

Manganese Oxides

Compounds of manganese with oxygen, often found as minerals that can form in soils and sedimentary rocks.

Calcium Carbonate

A chemical compound with the formula CaCO3, found in rocks as the minerals calcite and aragonite and is the main component of pearls and the shells of marine organisms, snails, and eggs.