Question

Invoice Date Terms Date Goods Received June 28 4/8 ROM July 27

Answer 1

Answer:

The answer is "August 4".

Step-by-step explanation:

In the given discount term after receipt of the dates is $\bold{\frac{4}{8}}$ ROM, which can be defined as follows:

$\Rightarrow 27 \ July + 8 \\\\\Rightarrow 4 \ August$

That's why the final answer is 'August  4'.