If a customer pays within nine days of receiving goods and takes advantage of 3% off the invoice price, this is stated as
-
A.
3/9;net 30 -
B.
9/27;net 30 -
C.
30;net 9/3 -
D.
9/30;net 3
Correct Answer: Option D
Explanation
9/30;net 3.
This means that, the buyer will get a 3% discount if payment is made on or before day 9