hey sorry about that and the terms "3/15 n/45" means you will get a 3 percent discount if the amount due is payed within 15 days and they want the full amount no matter what in 45 days.
Okay so I'm trying to figure out how to do this example problem and if someone can solve it for me and show the work it would be awesome. My professor is great but i can't comprehend this subject in-particular. the question is..
"You are the accountant for Leather City, a retail furniture...