Author Question: In credit terms of 3/15, n/45, the 3 represents the a. number of days in the discount period b. ... (Read 142 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?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library