True/False
A discount period is always greater than the credit period.
Correct Answer:
Verified
Related Questions
Q29: 2/10, n/30 means the credit period is
Q30: A cash discount is a reduction from
Q31: Feb. 15 is 71 days from Nov.
Q32: 50 days from July 9 is August
Q33: Sometimes the seller will prepay the freight
Q35: The net price equivalent rate of 10/20/5
Q36: The single equivalent discount rate of 9/5/4
Q37: A cash discount sometimes is taken on
Q38: 4/10, n/30, ROG means a 4% discount
Q39: Cash discounts are not taken on freight
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents