BM427 Cash Discounts (#2)
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Last updated almost 5 years ago
24 questions
1
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid by _________ = 5% discount
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid by _________ = 5% discount
1
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid by _________ = pay full amount
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid by _________ = pay full amount
1
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid on this date or later _________ then the payment is late (late fee)
Invoice Date = July 14 Billing Terms = 5/10, n/30
If the invoice is paid on this date or later _________ then the payment is late (late fee)
1
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid by __________ = 4% discount
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid by __________ = 4% discount
1
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid by __________ = pay full amount
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid by __________ = pay full amount
1
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid on this date or later _________ then the payment is late (late fee)
Invoice Date = September 29 Billing Terms = 4/15, n/45
If the invoice is paid on this date or later _________ then the payment is late (late fee)
1
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = 4% discount
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = 4% discount
1
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = 2% discount
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = 2% discount
1
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = pay the full amount
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid by _________ = pay the full amount
1
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid on this date or later _________ then the payment is late (late fee)
Invoice Date = December 3 Billing Terms = 4/10, 2/15, n/30
If the invoice is paid on this date or later _________ then the payment is late (late fee)
1
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = 5% discount
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = 5% discount
1
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = 3% discount
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = 3% discount
1
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = pay full amount
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid by _________ = pay full amount
1
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid on this date or later _________ then the payment is late (late fee)
Invoice Date = May 30 Billing Terms = 5/15, 3/30, n/60
If the invoice is paid on this date or later _________ then the payment is late (late fee)
1
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late paymentThe invoice is for an order of mattresses with a net price of $14,500.
What is the latest date that the invoice can be paid to receive a discount?
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late payment
The invoice is for an order of mattresses with a net price of $14,500.
What is the latest date that the invoice can be paid to receive a discount?
1
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late paymentThe invoice is for an order of mattresses with a net price of $14,500.
Calculate the net amount for this invoice if the buyer receives the 4% discount.
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late payment
The invoice is for an order of mattresses with a net price of $14,500.
Calculate the net amount for this invoice if the buyer receives the 4% discount.
1
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late paymentThe invoice is for an order of mattresses with a net price of $14,500.
What is the latest date to pay this invoice without having to pay the late fee?
Invoice Date = June 24 Billing Terms = 4/10, n/30 4% penalty for a late payment
The invoice is for an order of mattresses with a net price of $14,500.
What is the latest date to pay this invoice without having to pay the late fee?
1
Invoice Date = June 24 Billing Terms = 4/10, n/30 5% penalty for a late paymentThe invoice is for an order of mattresses with a net price of $14,500.
Calculate the net amount if the invoice is paid on July 30.
Invoice Date = June 24 Billing Terms = 4/10, n/30 5% penalty for a late payment
The invoice is for an order of mattresses with a net price of $14,500.
Calculate the net amount if the invoice is paid on July 30.
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
What is the latest date that the invoice can be paid to receive a discount?
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
What is the latest date that the invoice can be paid to receive a discount?
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on September 28.
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on September 28.
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on October 7.
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on October 7.
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
What is the latest date to pay this invoice without having to pay the late fee?
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
What is the latest date to pay this invoice without having to pay the late fee?
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on October 27.
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on October 27.
1
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late paymentThe invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on November 7.
Invoice Date = September 15 Billing Terms = 3/15, 1/30, n/45 5% penalty for a late payment
The invoice is for an order of clothing with a net price of $5,425.
Calculate the net amount if the invoice is paid on November 7.