Question: The cash discount term 2 / 1 0 , net 3 0 means that:Group of answer choicesthe buyer must make a 2 percent

The cash discount term "2/10, net 30" means that:Group of answer choicesthe buyer must make a 2 percent down payment--with the balance due in 10 to 30 days.a 2 percent discount off the face value of the invoice is permitted if the bill is paid within 10 days.Both B and D are true.the invoice is dated February 10 and must be paid by February 30.the buyer will, in effect, be borrowing at a 36 percent annual interest rate if he takes 30 days to pay the invoice.

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