Caterpillar purchased merchandise from Alpha Technologies as follows: Invoice date: March 12th Invoice Amount: $4,000 Terms: 2/10, n/30 If Caterpillar wants to enjoy the benefit of discount, when should it pay the invoice? A, Before March 22nd B, Before March 31st C, Before April 11th D. Before March 14th
Caterpillar purchased merchandise from Alpha Technologies as follows: Invoice date: March 12th Invoice Amount: $4,000 Terms: 2/10, n/30 If Caterpillar wants to enjoy the benefit of discount, when should it pay the invoice? A, Before March 22nd B, Before March 31st C, Before April 11th D. Before March 14th
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Caterpillar purchased merchandise from Alpha
Technologies as follows:
Invoice date: March 12th
Invoice Amount: $4,000
Terms: 2/10, n/30
If Caterpillar wants to enjoy the benefit of discount,
when should it pay the invoice?
A, Before March 22nd
B, Before March 31st
C, Before April 11th
D. Before March 14th
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