Credit terms of 2 / 15, N / 35 on an invoice dated March 21 means:
A) any payment made after April 25 may be subject to an interest charge
B) the net amount of the bill is due between April 1 and April 25
C) a 15% discount can be taken between March 21 and March 23
D) a 2% discount can be taken between March 21 and April 4
Correct Answer:
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