Question

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

Answer 1

The answer is "August 4".

Explanation:

In the given discount term after receipt of the dates is
`\bold{(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'.