Author Question: In credit terms of 3/15, n/45, the 3 represents the a. number of days in the discount period b. ... (Read 115 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?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library