Maryland Nursery offers customers credit terms of 3/15 net 30.
Question
Maryland Nursery offers customers credit terms of 3/15 net 30. This gives customers a: – Q/A (Question and Answer)
Test Answer
Answer:
The terms 3/15, net 30 indicates that a 3% discount is offered to customers paying by the 15th day after the billing. No discount is offered to customers paying between the 16th and the 30th day after the billing.
Recource Business Practice test 4
Unlock this answer
Join StudyHippo to unlock
unlock
