Credit terms of 1/15 n/30 means the purchaser can deduct 1% of the invoice price if paid within 15 days.(
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举一反三
- Credit<br/>terms of 2/10, n/30 mean that the purchaser may deduct 2 percent if<br/>the invoice is paid within 10 days, with the full amount due in 30<br/>days if the early payment option is NOT exercised.( )
- Credit terms of 2/10, n/30 imply that the seller offers the purchaser a 2% cash discount if the amount is paid within 10 days of the invoice date. Otherwise, the full amount is due in 30 days.
- Which<br/>one of the following statements is correct if you purchase an item<br/>with credit terms of 2/5, net 15?() A: If<br/>you pay within two days, you will receive a 5 percent discount. B: If<br/>you pay within 2 to 5 days, you will receive a 15 percent discount. C: If<br/>you do not pay within 5 days, you will be charged interest at a 15<br/>percent annual <br/>rate. D: If<br/>you pay within 5 days, you will receive a 2 percent discount. E: You<br/>must pay the discounted amount within 15 days.
- After receiving a credit card statement, within how many days does the holder have to pay? A: 12 days. B: 25 days. C: 20 days. D: 15 days.
- All documents must be presented to the negotiating bank within 15 days after the issuance of the transportation document but within the credit validity.