Author Question: In credit terms of 3/15, n/45, the 3 represents the a. number of days in the discount period b. ... (Read 132 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 U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library