A sale on March 21 with terms of n/10 eom is due to be collected by
A)April 30.
B)March 31.
C)April 10.
D)April 1.

Question

Quizplus · Accepted Answer

n/10 eom means the customer gets a 10% discount if the payment is made within n days of the end of the month (eom) in which the sale was made. 
March 21 is within the month of March, so the end of the month (eom) would be March 31. 
Therefore, the customer has n days from March 31 to make the payment and get the discount, which would be April 10. 
So, the best choice is C.

A Sale on March 21 with Terms of N/10 Eom