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3 years ago

What does "2/10" mean, with respect to "credit terms of 2/10, n/30"?

Business

1 answer:

ANEK [815]3 years ago

3 0

a. a discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date.

So for example if the bill is $100 "2/10 net 30" and you pay within 10 days, you get a 20 cent discount and the balance is $9.80. If you pay in 30 days, the full 10 dollars is due.

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_____ runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budge

Komok [63]

Software runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budgets, managing inventory and customer databases.

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Application software, also known as an application or an app, is computer software designed to help the user to perform specific tasks.

Examples include enterprise software, accounting software, office suites, graphics software and media players.

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2 years ago

g Assume the following sales data for a company: Current year $764,442 Preceding year $509,074 What is the percentage increase i

IgorLugansk [536]

Answer:

50.16%

Explanation:

The percentage increase in sales from the preceding year to the current year can be calculated as:

$\frac{P_c-P_p}{P_p}\cdot 100$

where:

$P_c$ is the sale for the current year

$P_p$ is the sale for the preceding year

From the sales data of this problem, we have:

$P_c=\$764,442$ (current year)

$P_p=\$509,074$ (preceding year)

Therefore, the percentage increase in sales is:

$\frac{764,442-509,074}{509,074}\cdot 100=50.16\%$

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3 years ago

When picking an order at Amazon what should I do with perfume

xxMikexx [17]

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3 years ago

With _____ outsourcing, an organization chooses an outsourcing company in the same country.

Lemur [1.5K]

Answer: "onshore" .
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4 years ago

Assume a purely competitive increasing-cost industry is initially in long-run equilibrium and that an increase in consumer deman

Aliun [14]

The price of the product will increase and then the quantity of the output will also be more than the original one.

<u>Explanation:</u>

In a market which is purely competitive, with the increase in the demand of the particular good in the market, the price of the good will also increase because of the increase in the demand by the consumers. After making the adjustments, the quantity will therefore also increase of the output than the original one.

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3 years ago

What does​ "2/10" mean, with respect to​ "credit terms of​ 2/10, n/30"?

What does "2/10" mean, with respect to "credit terms of 2/10, n/30"?