Author Question: In credit terms of 3/15, n/45, the 3 represents the a. number of days in the discount period b. ... (Read 62 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
In credit terms of 3/15, n/45, the 3 represents the
 a. number of days in the discount period
  b. full amount of the invoice
  c. number of days when the entire amount is due
  d. percent of the cash discount

Question 2

If a company spends 25 on copy paper, the amount is not material compared with the total office supplies budget of 250,000.
 
  Indicate whether the statement is true or false



blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

d

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library