Credit Terms

Welcome to the "Credit Terms" category of Questions LLC! If you have ever had questions or doubts about the various credit terms commonly used in financial transactions, you've come to the right place. Here, you will find a wealth of information and expert knowledge on topics such as interest rates, repayment periods, credit limits, and much more. Whether you are an individual looking to better understand the language and concepts behind credit terms or a business owner seeking clarity on credit options, we are here to provide answers to all your inquiries. Browse through our extensive collection of questions and gain a solid understanding of credit terms to make informed financial decisions.

Questions (7)

house corporation makes credit sales of 2160 000 per annum. the average age of accounts receivable is 30 days. management
1. 3 answers
2. asked by kin
3. 689 views
19. The Ogden Timber Company buys from its suppliers on terms of 2/10, net 35.Ogden has not been utilizing the discount offered
1. 3 answers
2. asked by Anonymous
3. 626 views
Extended credit term 2/10 net 30 EOM for Russell Corporation. In this case, if the payment is not made within 10 days, what will
1. 1 answer
2. asked by MAHBUB ALAM MOHON
3. 59 views
Until recently, Augean Cleaning Products sold its products on terms of net 60, with an average collection period of 75 days. In
1. 1 answer
2. asked by ronda
3. 757 views
Invoice Date Invoice amount Credit TermsOctober 28 $3,065.46 1/10, n/60 For the above invoice, determine the last date on which
1. 1 answer
2. asked anonymously
3. 22 views
Match each item with the correct definition.Put responses in the correct input to answer the question. Select a response,
1. 1 answer
2. asked anonymously
3. 6 views
to what do the terms, non-revolving and revolving refer?a. Checking accounts. b. Credit. c. Loans. d. Bankruptcy.
1. 1 answer
2. asked anonymously
3. 3 views