Ask Question
4 May, 08:50

Mrs. thomas has received an invoice from the manufacturer for which she distributes products. the invoice states credit terms of 3/10, n/30. puzzled by this, she calls on you to explain. you indicate that the notation 3/10 means that

+2
Answers (1)
  1. 4 May, 08:54
    0
    The 3/10 indicated as the credit terms mean that the manufacturer is willing to give Mrs. Thomas a 3% discount from the remaining payable amount if she will be able to pay within 10 days from the receipt of the invoice.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mrs. thomas has received an invoice from the manufacturer for which she distributes products. the invoice states credit terms of 3/10, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers