BM427 Cash Discounts Quiz
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Last updated almost 5 years ago
13 questions
1
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. What is the last day to receive the discount?
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. What is the last day to receive the discount?
1
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on date you found in question #1?
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on date you found in question #1?
1
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on August 30th?
An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on August 30th?
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 3% discount?
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 3% discount?
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #4.
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #4.
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 1% discount?
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 1% discount?
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #6.
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #6.
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to pay the invoice without any late fees?
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to pay the invoice without any late fees?
1
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on March 10th.
An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on March 10th.
1
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. What is the last day to receive the discount?
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. What is the last day to receive the discount?
1
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on the date you found in question #10.
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on the date you found in question #10.
1
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on November 24th.
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on November 24th.
1
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on December 9th.
An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on December 9th.