Question: What does the term 2/ 10, net 30 mean?

What does the term "2/ 10, net 30" mean?

Step by Step Solution

★★★★★

3.47 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To conclude we can say that the terms ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1198-B-C-F-S(971).docx

120 KBs Word File

Students Have Also Explored These Related Corporate Finance Questions!

Q:

What does the term risk mean in the context of capital budgeting, to what extent can risk be quantified, and when risk is quantified, is the quantification based primarily on statistical analysis of...

Q:

What does the term risk mean in the context of capital budgeting; to what extent can risk be quantified; and when risk is quantified, is the quantification based primarily on statistical analysis of...

Q:

Ray now asks you to examine his companys credit policy to determine whether changes are needed. One of his employees, who graduated recently with a finance major, has recommended that the credit...

Q:

BIOINESTOMACHERON LANCARE College Case Study for IntCust Exam B Export PDF Edit PDF Create PDF Comment 29. Trios Customs Brokers Itd. is working on behalf of a one of their Canadian customers who is...

Q:

29. Trios Customs Brokers Itd. is working on behalf of a one of their Canadian customers who is importing specialized natural apparel for the upcoming winter season. They are purchasing from a...

Q:

We need to fill B3 form 29. Trios Customs Brokers Itd. is working on behalf of a one of their Canadian customers who is importing specialized natural apparel for the upcoming winter season. They are...

Q:

Question 21 (35 points) Case Study Trios Customs Brokers ltd. is working on behalf of a one of their Canadian customers who is importing specialized natural apparel for the upcoming winter season....

Q:

Question 21 (35 points) Case Study Trios Customs Brokers ltd. is working on behalf of a one of their Canadian customers who is importing specialized natural apparel for the upcoming winter season....

Q:

Importer / Buyer Exporter / Seller Gloves for Us 2340 Dundas St W Suite 200, Toronto Ont. M6P 4A9 Chicago Fur Sales 111 Fur Dr. Chicago Ill. 12345 Direct Ship: Date Sept 1, 2017 B3 Transaction No.-...

Q:

Question 31 (35 points) Sault College Customs Brokers Itd. is working on behalf of a one of their Canadian customers who is importing specialized natural apparel for the upcoming winter season. They...

Q:

A positively charged particle in a no uniform magnetic field follows the trajectory shown in Fig. 20-47. Indicate the direction of the magnetic field everywhere in space, assuming the path is always...

Q:

Sunland Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April. Apr. 1. Stockholders invested $50,400 cash in the business...

Q:

True or False8. Fredrick Taylor believed in the rabble hypothesis.

Q:

P10.6 With the balance sheet information from Problem 10.5, and the additional information from the income statement and statement of retained earnings, prepare the motels statement of changes to...

Q:

Discounted Payback Concerning discounted payback: a. Describe how the discounted payback period is calculated, and describe the information this measure provides about a sequence of cash flows. What...

Q:

Discounted Payback Concerning discounted payback: a. Describe how the discounted payback period is calculated, and describe the information this measure provides about a sequence of cash flows. What...

Q:

Discounted Payback Concerning discounted payback: a. Describe how the discounted payback period is calculated, and describe the information this measure provides about a sequence of cash flows. What...

Q:

Olympic Sports has two issues of debt outstanding. One is a 7% coupon bond with a face value of $22 million, a maturity of 15 years, and a yield to maturity of 8%. The coupons are paid annually. The...

Q:

Question 1. Numeric Answer 1 point available Suppose you are assessing a project for Facebook, Inc. You estimate that the project will cost $94 million in upfront investment costs (i.e., negative...

Q:

Orange Corporation has just made a French Euro bid on a project located in France. It won't find out for 90 days whether it has won the contract. There will be a 15% signing bonus payable to the...