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 "5%15 net 45". What does this statement imply?
Select the single best answer:
A. The retailer has 45 days to pay the invoice in full.
B. The retailer will receive a 5% discount if the invoice is paid within 15 days. The retailer has 45 days to pay the invoice in full.
C. The retailer must pay 5% of the invoice within 15 days.
D. The retailer will be charged an additional 5% if the invoice is not paid within 15 days.
E. The retailer has 5 days to pay the invoice to receive a 15% discount.

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