Question: 2 / 1 5 net 4 5 translates as _ _ _ _ _ _ _ _ . Group of answer choices 1 5 percent

2/15 net 45 translates as ________.
Group of answer choices
15 percent cash discount if paid in 2 days, net 45-day credit period
45 percent of account due in 15 days, payment prior to day 15 receives a 2 percent discount
2 percent cash discount if paid prior to 15 days, if customer does not take a cash discount, the balance is due in 45 days
2 percent of the balance is due in 15 days, the remaining balance is due in 45 days.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!