a-company-receives-an-invoice-with-terms-310-net-45-on-april-1-if-the-company-pa

Question

A company receives an invoice with terms 3.10 net 45 on April 1. If the company pays on April 8, are they eligible for the discount?

Accepted Answer

Yes, because they paid within the discount period.

Answer

No, because they paid before the net period.

Answer

Yes, because they paid within the net period.

Answer

No, because they paid after the discount period.