The credit terms offered to a customer by a business firm are 2/10, n/30, which means that
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Question:
The credit terms offered to a customer by a business firm are 2/10, n/30, which means that
A. | the customer can deduct a 2% discount if the bill is paid between the 10th and 30th day from the invoice date. |
B. | two sales returns can be made within 10 days of the invoice date and no returns thereafter. |
C. | the customer must pay the bill within 10 days. |
D. | the customer can deduct a 2% discount if the bill is paid within 10 days of the invoice date. |
Related Book For
Operations and Supply Chain Management for the 21st Century
ISBN: 978-1111225292
1st edition
Authors: Ken Boyer, Rohit Verma
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