If a customer pays within nine days of receiving goods and takes advantage of 3%

COMMERCE
JAMB 2012

If a customer pays within nine days of receiving goods and takes advantage of 3% off the invoice price, this is stated as

  • A. 3/9;net 30
  • B. 9/27;net 30
  • C. 30;net 9/3
  • D. 9/30;net 3

Correct Answer: D. 9/30;net 3



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