Listed below are some common terms of sale. Can you explain what each means? a. 2/30, net
Question:
Listed below are some common terms of sale. Can you explain what each means?
a. 2/30, net 60.
b. net 10.
c. 2/5, EOM, net 30.
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a There is a 2 discount if the bill is paid within 30 days of the ...View the full answer
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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