Question: A supplier's invoice to a retailer includes the statement 5 % 1 5 net 4 5 . What does this statement imply? Select
A supplier's invoice to a retailer includes the statement net What does this statement imply?
Select the single best answer:
A The retailer has days to pay the invoice in full.
B The retailer will receive a discount if the invoice is paid within days. The retailer has days to pay the invoice in full.
C The retailer must pay of the invoice within days.
D The retailer will be charged an additional if the invoice is not paid within days.
E The retailer has days to pay the invoice to receive a discount.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
