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متابعة

Cash Discount term 3/15, net 40 means?

<p><span>a-3% Discount if payment in15 days, otherwise full payment in40 days</span></p> <p><span>b-15% Discount if payment in3 days, otherwise full payment40 days</span></p> <p><span>c-3% Interest if payment made in40 days and15%,interest thereafter</span></p> <p><span><span>d- None of the above</span></span></p> <p> </p>

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تم إضافة السؤال من قبل Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
تاريخ النشر: 2015/01/04
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Option (a) >>>>>>>3% Discount if payment in15 days, otherwise full payment in40 days

Hashem Albasha
من قبل Hashem Albasha , Accounting Support Adviser , AL Mustwa AL Raqi

i agree with everyone

Lesley Lanag CMA CPA
من قبل Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

a-3% Discount if payment in15 days, otherwise full payment in40 days

Al Zamil Ameer Hussain
من قبل Al Zamil Ameer Hussain , Senior Accounting & Finance Officer , Stylo Travels

Agree with all above !

A is the answer, Usually large business gives a discount on early settlements. 

Ghous Ahmad
من قبل Ghous Ahmad , Financial Accountant , Al Jammaz Group

ans. option A

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

ANSWER A 

Ayman Esa Mustafa Farrag
من قبل Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

A is answer3% from15 to40 days 

Trupti Gadgil
من قبل Trupti Gadgil , Manager , Cipher Investment and Finance Ltd

The answer is option a that is stated below:

a)3% Discount if payment in15 days, otherwise full payment in40 days

Sahar Alech
من قبل Sahar Alech , Auditor / Financial Manager , Accounting Services Office

a is the answer3% discount if payment done within15 days , or total amount if payment done within40 days

Waleed Zafar
من قبل Waleed Zafar , SENIOR MANAGER - ACCOUNTS & TRADE FINANCE , GLOBAL MONARCH FZC

The term3/15, net40 is a typical credit term, which means3% discount is offered, if payment is made within15 days, otherwise payment could be made within40 days.