Author Question: In credit terms of 3/15, n/45, the 3 represents the a. number of days in the discount period b. ... (Read 141 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?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library