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