The owner of Molly's Gift Shop ordered a brass sculpture from The Brass Baron,a distributor of gardening equipment.The invoice she received on March 19 from The Brass Baron read,"2/15,n/30." If she pays the invoice on April 10:

Question

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The terms "2/15,n/30" mean that the buyer can receive a 2 percent discount if they pay within 15 days, or they can pay the full amount within 30 days with no discount. Since the owner of Molly's Gift Shop is paying on April 10, which is past the 15-day discount period, she is not eligible for the discount. Therefore, the answer is C, she will get no discount.

The Owner of Molly's Gift Shop Ordered a Brass Sculpture