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Question(s) / Instruction(s):

2/15 net 45 translates as A. 15 percent cash discount if paid in 2 days, net 45-day credit period.; B. 45 percent of account due in 15 days, payment prior to day 15 receives a 2 percent discount.; C. 2 percent cash discount if paid prior to 15 days, if customer does not take a cash discount, the balance is due in 45 days.; D. 2 percent of the balance is due in 15 days; the remaining balance is due in 45 days.

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