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kittykat70
Jun 20, 2012, 07:43 PM
Apple co sells merchandise on credit to zea co in the amount of 8,000. The invoice is dated on sept. 15 with terms of 1/15, net45. What is the amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount
160 sept30
160sep25
80sep25
80sep30

pready
Jun 21, 2012, 02:03 PM
Your discount is 1% if paid within 15 days of the invoice date.