What do the terms 2/10, n/30 mean? If you were advising a company who bought goods under

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What do the terms 2/10, n/30 mean? If you were advising a company who bought goods under these terms, what would you advise it to do with respect to payment? Why?

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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Question Posted: Jul 08, 2015 02:21 AM

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What do the terms 2/10, n/30 mean? If you were advising a company who bought goods under

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The terms 210 n30 mean that the purchasing company gets a two percent discount i...View the full answer

Financial Accounting

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