Consider the scenario where a buyer has a good relationship with a supplier of trade credit but has an immediate cash ne

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Consider the scenario where a buyer has a good relationship with a supplier of trade credit but has an immediate cash ne

Post by answerhappygod »

Consider the scenario where a buyer has a good relationship with a supplier of trade credit but has an immediate cash need. What is the appropriate time to pay for supply of the trade credit if the buyer
cannot take a discount in a trade term 4/15 net 45?
A. Any time after day 45
B. On day 15
C. Any time before day 15
D. On day 45
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply