67.9k views
5 votes
Cintas payment terms are NET 15 EOM.

A) True
B) False

1 Answer

6 votes

Final answer:

The statement about Cintas' payment terms being NET 15 EOM cannot be verified without specific information from the company. Payment terms can vary, therefore it could be either true or false.

Step-by-step explanation:

The term NET 15 EOM refers to a payment policy that dictates the payment is due 15 days after the end of the month in which the invoice was issued. Without specific information about the payment terms of Cintas Corporation, a provider of specialized services to businesses, we cannot determine the truthfulness of the statement. Different companies often have varying payment terms, which can change over time or be different based on contractual agreements. Therefore, the answer to whether Cintas' payment terms are NET 15 EOM can be either true or false depending on the actual agreement in place with their customers.

User Novlette
by
8.0k points

Related questions

1 answer
5 votes
219k views
asked Jan 22, 2024 151k views
Organiccat asked Jan 22, 2024
by Organiccat
7.1k points
1 answer
2 votes
151k views