3/10 Net 45 EOM Translates as ________

question 29

Multiple Choice

3/10 net 45 EOM translates as ________.

• A) a 10 percent cash discount may be taken if paid in three days; if no cash discount is taken, the balance is due in 45 days
• B) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after transaction is complete
• C) a 3 percent cash discount may be taken if paid in 10 days; if no cash discount is taken, the balance is due 45 days after the end of the month
• D) a 3 percent discount may be taken on 10 percent of the purchase if the account is paid within 45 days after the end of the month

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Definitions:

Routine Greetings

Standard expressions or gestures used when meeting or parting from someone, varying across cultures.

Indo-European Family

A large linguistic family encompassing languages spoken in Europe, parts of Asia, and historically, in other regions by migration or colonialism.

Native Languages

The first language that a person learns from birth, often related to the individual's ethnic group or country of origin, and is a crucial component of cultural identity.

Native Cultures

The traditional lifestyles, practices, beliefs, and social organizations of indigenous peoples or ethnic groups who are native to a particular region.