Business, 05.05.2020 20:16 uhhgray

Coranado Company purchases $70,000 of inventory from a wholesaler who allows 45 days to pay. In addition, the wholesaler offers a 3% discount if payment is made within 12 days. These payment terms would be expressed as:

a. n/45, 3/12.

b.0.03/12, n/45.

c. n/45, 0.03/12.

d.3/12, n/45.

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Coranado Company purchases $70,000 of inventory from a wholesaler who allows 45 days to pay. In addi...

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